ilmscore | How to Make $200K/Year in Passive Income with Rental Properties

Predictions from this Video

Total: 2
Correct: 0
Incorrect: 0
Pending: 2
Prediction
Topic
Status
Real estate properties similar to the one discussed will inevitably require capital expenditures, which on average for the author's properties, amounts to $5,000-$10,000 annually and should be reserved for.
"For me on properties like this that would usually come out to5 8 $10,000 a year...that's money that the business is going to come calling for one year or another right it's not my money to go spend on my lifestyle or whatever I want to do with it I think of that as the business's money you know I'm just going to hold it in reserves and one day the business is going to need it"
Real Estate Capital Expenditures
Pending
The author predicts that analyzing his real estate business's finances will enable him to refine and prune his portfolio over the next couple of years.
"I really want to go do this for myself right now and see where my business is losing money where I'm doing well because I think it's going to really help me refine and prune my portfolio over the next couple years"
Author's Personal Real Estate Portfolio
Pending