Brad Sugars
👤 SpeakerAppearances Over Time
Podcast Appearances
Sometimes it's a little more, sometimes a little less.
I put in 100 grand.
I put it on a 20-year mortgage.
Who pays the mortgage?
The tenant.
I put a tenant in that house.
Over 20 years, they pay for 80% of my house.
Pretend it doesn't go up in value.
Pretend the rent didn't go up.
So I'm not getting extra cash flow.
Nothing happens, right?
Just pretend nothing happened other than they paid my mortgage for me.
I put in 100 grand, it's now worth 500, what's my ROI?
400%.
Name 400% in 20 years in any strategy.
Now forget the fact that in real estate you can do that much faster.
You can do renovation strategies, you can do better borrowing strategies, you can redraw against it within a year or two years if you do a good renovation.
You can pull money out at 10 years and upgrade.
And there's so many strategies in real estate.
But at the very least, you're getting $400 by putting in 20%, someone giving you 80% of it paid.