Real-estate investing strategy, tips for generating 6-figure cash flow - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

A real-estate investor who generates $342,000 of annual cash flow shares his unique spin on a popular investment strategy that's helped land him 114 units

This story is available exclusively on Business Insider Prime.Johnny Andrews first became interested in real-estate investing when he grew tired of slogging away at a traditional 9-to-5 job.

Today, Andrews says that each of his 114 properties — he has another 6 under contract — brings in $250 to $275 a month in cash flow. That translates roughly into $342,000 annually.Before Johnny Andrews became a real-estate investor with 114 units in his portfolio , he spent time pouring energy into a traditional career as an emergency room nurse.

" podcast. "And I knew there would be something different — there's got to be something else out there.". But not everyone was keen on and supportive of his new venture into a more non-traditional career path. Luckily for Andrews, he ignored his peers' skepticism and went on to purchase his first house as a solo venture. For $33,000, he was able to scoop up a property in a working-class neighborhood in Baton Rouge, Louisiana — his home market.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 729. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen