ilmscore | Prediction Details
"you buy this property you rent it out to somebody else maybe they live in or use this property and then in exchange for them living in and using your property they pay you rent now the key here is this rent has to be enough to cover your property taxes Insurance your maintenance your management fees any vacancy costs and then if you have any debt cover that as well and then put some money in your pocket each and every month"
By Minority Mindset | August 18, 2024 | Pending
From video
Stop Chasing Capital Gains: Why Cash Flow is the Real Wealth Builder 00:11:56 - 00:12:22
Interpreted Prediction
Profitable real estate investing involves renting out properties such that the rental income covers all expenses (taxes, insurance, maintenance, fees, debt) and leaves a monthly profit.

Prediction Details

Topic
Real Estate Investing

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