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Podcast: Wealth Formula Podcast
Episode: 051: Wealth Grows in Trees with Alex Wilson
Description: Should you always invest in things with the highest returns? Well? That's an interesting question. When I first started investing, that's all I cared about. When I bought my first apartment building, I did the numbers and looked at the tax returns. It looked like I was going to get over 25 percent cash on cash. It didn't turn out that way though. It was a D class apartment building that I couldn't manage nor could I find a manager who could. Instead of making 25 percent cash on cash, I lost a lot of money. These days, I look at that...