Brad Sugars
👤 SpeakerAppearances Over Time
Podcast Appearances
You're going to buy it.
Over two years, you're going to put four people in to rent the other four rooms.
You're going to live in one room.
And over two years, you're going to fix that dang thing up.
Two years from now, that property is going to be worth enough more money that you can get your deposit back out.
In fact, remind me to teach real estate in under a minute.
So they're going to do that five times over 10 years till they're 30.
How much equity do you think they'll have built?
They take one home, fix it up, move to another one, keep that one rented out, move to another one, do it again, keep that one rented out, do another one, do another.
So they got five homes by the time they're 30.
You know, that's not a hard thing to do.
Just instead of paying rent, have your friends pay rent and you'll pay your mortgage.
All right, so real estate in under a minute.
What is real estate?
Real estate is a 400% return no matter what.
Easy.
Let's imagine we go and buy a normal house here in Vegas, about 500 grand, right?
How much money you got to put into a 500 grand house?
100 grand, 20%.
That's the worldwide standard.