5 Things I wish I knew before investing

In this episode, Michael Albaum and Tom Schneider share key real estate investing insights. They emphasize acting quickly, learning from mistakes, and having financial reserves for unforeseen expenses. The duo highlights the long-term value of property appreciation, tax benefits like depreciation, and balancing cash flow with growth. They also discuss the importance of school ratings and safety in property selection. Real estate investing, they note, is more nuanced than social media suggests but remains achievable with the right approach and relationships, especially with property managers.

 

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