It’s no secret that Real Estate investing is one of the BEST ways to build wealth.
My wife and I utilize real estate to grow our wealth via 4 ways:
1. Cash flow
2. Debt as leverage
3. Tax benefits
4. Appreciation / forced value creation
Forced value and appreciation is my favorite tactic.
You can find an undervalued piece of real estate that needs a bit of work, and you can make it IMMENSELY more valuable.
We look for real estate that needs some TLC. We come in and fix it up, raise the income, and make it MORE valuable!
In fact, I just did this with a 7 unit apartment. I bought it in 2021 for $660k, and it just appraised for $1M.
This past weekend, we took a trip to our fourplex and duplex and talked about how we are strategically going to FORCE appreciation.
You can check the video out here ⇒ HOW WE ARE ADDING VALUE TO OUR FOURPLEX AND DUPLEX.
Multifamily rental units are a great way to start with real estate investing.
I especially love fourplexes and duplexes because they are easier for someone to start investing in compared to larger apartment complexes.
But they are still very powerful wealth-building tools if you know how to create value!
In this video, we will tell you exactly why we bought these properties, how we are adding value, how we found the contractors to do the work and how much it costs, how much we make in rent, etc.
By the end of this video, you’ll know exactly what to do and how to upgrade your property to improve its value.
We’ll also discuss some important tips for buying and selling real estate, so be sure to watch the video to the end!
You can check the video out here ⇒ HOW WE ARE ADDING VALUE TO OUR FOURPLEX AND DUPLEX.
If you enjoy the video and it resonates with you, drop me a comment on YouTube!
