ilmscore | Prediction Details
"because that flipping is just an income if you stop flipping you stop getting paid which you still got expenses to pay you still got to pay for your house you still got to pay for your car you still got to pay for your groceries you still got to pay for your vacations and if you're not flipping properties you stop getting paid which is why you want to have these assets that continue to pay you and the nice thing about rental properties is you can work to stack them because there's no limit to how many properties you can own I mean if you own one property and it's paying you $400 a month in profit if you buy another one next year that's an additional $400 a month if you buy a third in year three that's an additional $400 a month and if you do one a year Well in 5 years you'll have $2,000 a month in profit coming in from your rental properties but it starts with one and if you keep working to stack you can just keep working to stack the cash flow"
By Minority Mindset | July 8, 2024 | Pending
From video
Why I Am Not A Real Estate Flipper 00:08:05 - 00:08:42
Interpreted Prediction
Rental properties build long-term wealth by providing continuous passive income that is not dependent on active work, unlike flipping which stops generating income when the activity stops. The strategy allows for stacking multiple properties to increase monthly profit.

Prediction Details

Topic
Long-term Wealth Building

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