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Should you buy a house or a duplex first? Many new investors simply focus on: how many units and tenants can I have and what's the cashflow. Yet professional investors look for something else. This is a breakdown of how expert investors build their wealth.
Remember, you can get started investing in real estate with as little as 3.5% down in the United States. Always focus on your value factor though. To me, there's little point to investing in real estate outside the value factor. If you can turn real estate investing into an opportunity to build cashflow and value, then you're on your way to wealth.
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❎I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a Youtube video for entertainment purposes ONLY. IF stocks or companies are mentioned, Kevin MAY have an ownership interest in them -- DO NOT make buying or selling decisions based on Kevin's videos. If you need advice, please contact a qualified CPA, attorney, insurance agent, contractor/electrician/engineer/etc. financial advisor, or the appropriate professional for the subject you would like help with. Linked items may create a financial benefit for Meet Kevin®. Any use of other media is by fair-use or license only. The Paffrath Organization is a licensed real estate brokerage doing business as Meet Kevin® in California under DRE #02032575. This is not an advertisement of property for sale. Any mention of properties listed or sale or otherwise shall not be construed as anything other than an opinion for entertainment purposes only.
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