Show118: How to Buy Rental Property Without Going Broke

How to buy rental property without going broke

 

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Don't Go Broke With Rentals

Whether many of us want to admit it or not....deep down we all worry about making a bad deal and going broke, so to speak, when we actually start investing in rentals.

Truth be told, I think this is a feeling most people feel when they invest their money into anything albeit stocks, bonds, cryptocurrencies, real estate, etc.

We all hold that money that we worked so hard to earn near and dear to our heart and the last thing we want to do is make a bad investment.

I know this was my fear when we got started.

Recently, we had a new member join our Private Facebook Group who asked this exact question..."how do I continue to buy property without going broke."

This is definitely a pain point for many in our community as I get asked about moving past that first property so many times by members.  We work hard to save to buy that first property and we finally get over the hump of making the big purchase...

...and then we realize we want to do it again.....and also realize we have to save a boat load of money again to make that work.

Not necessarily.

You can continue to grow in a smart manner and that's what we share on the show today.

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 In the show we discuss:

=>the importance of having cash on hand

=>buy properties that make money from the start

=>being prepared for capital expenditures

=> and more...

Links Mentioned in the Show

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