322: Finance Friday: Living Paycheck-to-Paycheck with 9 Rental Properties
BiggerPockets Money Podcast
00:00
Real Estate Investing Is Not a Game
Real estate investing is not a game. It is a business. And if you treat it as a game, you will lose every single time. You can't cash flow negative s thi'll just suck money out of your life and make things miserable in the down turns. We didn't even talk about vacancy on this episode because she has really great properties that don't have any vacancies. She said that she's got people that have been there for since 20 15. But that is something that we forgot to talk about. A vacancy should be estimated at eight % - 12 divided by one is 8%.
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