4.8 • 955 Ratings
🗓️ 26 November 2019
⏱️ 13 minutes
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0:00.0 | This is terio media. |
0:09.0 | So you want to be a real estate investor, |
0:11.0 | but you don't want to do the work if there were only a way |
0:14.6 | where someone else could do it for you now there is tune in here each and every |
0:19.8 | Tuesday on the epic real estate investing show for turnkey Tuesdays with your host Mercedes Torres. |
0:26.0 | Hello and welcome welcome to turn key Tuesdays brought to you by epic real estate investing. My name is Mercedes Torres, your turnkey girl. |
0:36.7 | And I help busy professionals acquire passive income through real estate investing so they |
0:42.4 | don't have to work so hard and maybe retire |
0:46.9 | even faster. |
0:48.7 | So this show is to share tips and advice and real life real estate experiences so that you too can create |
0:57.4 | passive income in your world. That said, if this is your first time here, |
1:03.1 | glad you made it. |
1:04.2 | If this is not your first time here, |
1:07.0 | welcome back. |
1:09.1 | So one of the common questions I get on a regular basis is how do you know if an |
1:16.3 | investment property is a good buy? Well, after I don't, over 2,000 transactions, not all of my own, some for my turn key clients |
1:28.2 | and some for our own portfolio, I must say that my two rules of thumb are to take a really good look at the numbers |
1:38.6 | specifically at the 1% rule and the return on investment. |
1:47.0 | So I'm going to jump right into it and share with you what I look like or what I look for to help determine if my |
1:56.8 | investment property is a good buy. Okay so number one let's start with number one, and that is the 1% rule. Now, I'm |
2:08.1 | sure you've heard this term over and over again, but when you start looking at investment properties, you'll likely have |
2:16.8 | plenty of options to choose from. I mean, first you have to decide, of course, what type of property you're looking for |
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