ilmscore | Prediction Details
"the way you analyze a real estate investment deal is you take your rental income and then you subtract your taxes your insurance cost cost your maintenance cost because every real estate property is going to have maintenance issues taxes Insurance maintenance your management fees because I don't want you to be in the business of unclogging toilets I want you to be an investor and have somebody managing the property so this can be passive cash flow for you so you can focus your time on finding more investment deals and doing other things that you love instead of spending all your time trying to manage this property and then you can factor in a vacancy cost because there doesn't be a time where tenants move out and so you got to fact factor in that cost because there's going to be times where a tenant is not paying you rent once you add all these things up this is going to leave you with your net income"
By Minority Mindset | December 3, 2023 | Pending
From video
Make Your First Million In Real Estate 01:18:15 - 01:18:58
Interpreted Prediction
Analyzing real estate deals involves subtracting all expenses (taxes, insurance, maintenance, management, vacancy) from rental income to determine net income.

Prediction Details

Topic
Real Estate Deal Analysis

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