Real-estate investment strategy: 'Perfect' way to create passive income - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

A real-estate investor who generates $165,000 in revenue a year lays out his 'absolutely perfect' strategy for aspiring entrepreneurs clamoring for passive income

"I'm a violinist by training, and I was diagnosed with a condition when I was in college," he said on he "" podcast. "The doctors said I'd probably want to do something else because it was an autoimmune condition that impacted physiology."

"Real estate just lends itself to being creative, starting with nothing, and doing/making something," he said. "In real estate, you have other people's money, leverage, creative finance, and the inefficient market characteristics of an inefficient market." Fast forward to today, and Leybovich's portfolio generates about $165,000 of annual rent revenue from a multitude of investments. In total, those properties produce about $40,000 of annual cash flow.

"I figured out that for me it didn't work so well," he said. "I went on to small multifamilies, like duplexes, fourplexes, sixplexes, and tenplexes. I stayed in that for about a decade, picking up intellectual worth and moved on from there."

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Why do I have to pay to read news ON THE INTERNET?!?! greedy

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 729. in İD

Indonesia Berita Terbaru, Indonesia Berita utama