ilmscore | Prediction Details
"when I buy a property for $200,000 my goal will now be to rent this property out for say $2,000 a month my goal here if I bought this property all cash it will be to take the $24,000 I'm making a year $2,000 a month time 12 $24,000 a year and only spend about $110,000 a year in expenses that will be $144,000 a year in profit that's coming in year after year after year without me having to do anything because it would be a more passive investment"
By Minority Mindset | July 8, 2024 | Pending
From video
Why I Am Not A Real Estate Flipper 00:00:42 - 00:01:03
Interpreted Prediction
Investing in a $200,000 property with the goal of renting it for $2,000/month and incurring $110,000/year in expenses can yield $144,000/year in profit. This is presented as a passive investment strategy.

Prediction Details

Topic
Real Estate Investing Strategy

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