OPA! We made a strategic choice to begin our real estate investment business by building our rental property portfolio and taking advantage of the many long-term benefits of owning real estate. We Buy and Hold Rentals w/equity, that has a 18% or greater cash-on-cash return, are located in strong markets w/great property management team and have an existing residence with 2-3 yr lease terms w/positive cash flow! We also benefit from significant tax advantages, mortgage principal reduction, and long-term appreciation. Crushing It!
How did the FortuneBuilders team and resources help you to accomplish this deal?
Kudos to our FB Passive Income Coach, Michael 'Magic' Johnson who was very instrumental with educating and guiding us on implementing our Passive Income Strategy plan of purchasing rental properties via Memphis Invest.