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Podcast: Get Rich Education
Episode: How To Double Your Real Estate Return (BRRRR)
Description: Rent amounts are more stable than real estate prices. The rent amount you can charge is based on incomes in an area. In real estate: rents behave rigidly; prices are more elastic. Employment sectors dictate what type of worker buys and what type rents. Mortgage loan qualification is difficult; I'm qualifying myself. This is inconvenient, but it means borrowers are solvent. This creates a barrier to entry and stabilizes prices. Tips: Be organized. Buy multiple properties from the same provider at the same time, if possible. Use the sa...