How to Make Money When You Buy Real Estate | Keith Andrews E10

04/09/24 • 20 min

In this milestone 10th episode, Keith Andrews delves into a fundamental truth of real estate investment: "You make money when you buy real estate, not when you sell it." Sharing from his personal experiences, Keith illustrates the long-term value of strategic buying and the significant role of tax advantages, including depreciation and cost segregation. This episode is a compact guide for investors at all levels, focusing on the critical importance of acquisition strategy and patience in portfolio growth. Tune in with Keith to uncover how to truly capitalize on real estate for lasting financial success.

Connect with Keith:
Instagram: https://www.instagram.com/iamkeithandrews
TikTok: https://www.tiktok.com/@iamkeithandrews
YouTube Channel: https://www.youtube.com/@iamkeithandrews
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Connect with Henry Washington
Instagram: @thehenrywashington
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Perfect for wholesalers, investors, agents. Find sellers, get contact info, more. Try for free!

The Keith Andrews Podcast - How to Make Money When You Buy Real Estate | Keith Andrews E10

Transcript

01:00:00.032

In reality, even though we were losing cash flow, we were making money. And that's an important concept that I really want to drive it down today, is that with real estate, even if you're not cash flowing, if you're losing 100 bucks a month, 200 bucks a month, but the monthly principal pay down is more than that, you're not losing money. Your net worth is growing. You're gaining equity, not to mention the appreciation that comes with real estate.

01:00:58.80