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Buying My 5th Rental Property At 20 Years Old
In this video I give you a tour of my brand new rental property that I am closing on. It’s a 3 bedroom townhouse with a 2 car garage, nearly 1,600 square feet.
As a beginner to real estate investing, this has been an ongoing learning experience and I am excited to continue the journey. This property is going to be another rental property to produce passive income after I live in it for a short while.
This was a standard investment property loan, with a 30 year fixed mortgage of about $1,100. I will be able to get $1,850 in gross rent once I rent this to a tenant. That will produce some great passive income and a good cash-on-cash return.
So if you have ever wanted to get started investing in real estate, making passive income from real estate and/or buying a rental property, then make sure to watch this video!
Drop a LIKE if you enjoyed the video!
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*Disclaimer* I am not in any way a certified financial advisor, nor do I pretend to be one. Any information or advice I give you on any social media platform is simply my opinion based my own own experience and research. There is no guarantee on anything due to the fact that there are many variables in your success.