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🗓️ 14 November 2024
⏱️ 16 minutes
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0:00.0 | How to easily buy a rental property before the end of the year. Yes, the end of the year is |
0:10.2 | quickly approaching. And you might be saying yourself, oh, I bet taxes, number one reason why I should |
0:14.4 | buy a property right now before the end of the year. Is that right? Yes, that's a big piece of it, |
0:19.0 | but that's not the only reason that you should invest in a |
0:21.9 | rental property before the end of the year. You know, Natalie, my wife and I just bought our most |
0:26.0 | recent rental property, and we just found out today, literally as I'm recording this right now, |
0:30.5 | that the property management team notified us that a tenant has just signed a two-year lease and |
0:35.3 | is moving into the property at the end of the month and at $1,600 a month. |
0:40.8 | Great news. |
0:41.6 | We just bought this property before the end of the year. |
0:44.0 | We're going to start to build up that cash flow. |
0:46.2 | And now, because we bought it in this calendar year, we're going to get the tax benefits of that. |
0:50.5 | And we are about to add another property to our portfolio before the end of the year. |
0:55.0 | So how do you do it? |
0:56.0 | How do you get in the position to make this happen? |
0:58.0 | Let's talk about it in today's video. |
1:00.0 | So, number one, I want to take you back a little bit here before we dive into some of the reasons why you should buy a rental property and talk about how to buy a rental property before the end of the year. |
1:10.0 | And the first thing you really have to do is you have to take action. |
1:12.6 | You have to get off your duff and you have to stop overthinking things. |
1:16.6 | Okay. Real estate, gold, and silver are the three most important assets classes in the world. |
1:23.6 | Okay. And now more than ever, real estate investing is tops of my list. Why? Because of the tax flow, |
1:30.4 | because of the tax benefits, but also because it's a tangible asset. When you look at the United |
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