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Podcast: The Secret To Success with Antonio T Smith Jr
Episode: "Personal Finance 28 - The Transfer of Leverage" Top Secret Meeting 05/23/2022
Description: Daily Meeting - Personal Finance 28: The Transfer of LeverageAntonio’s goal is to acquire 3 single-family homes and 1-3 apartment complexesFor one of the apartment complexes Antonio is acquiring, the rent is $500-$570 ($300 less than fair market rent)They’re asking for $1.2 million, but are only bringing in $147,000/yearAntonio’s Guide to Multi-FamilyInvestors take advantage of the marketInvestors don’t make it emotionalWhen the market gets saturated, that means something has changedThe single-family home is saturated, which means the rental market is boomingThe goal is not to buy; the goal...