Passive income has emerged as one of the most favorable ones, with meager fees, good transparency, and tax efficiency.
It is often said that, "Real estate investing remains a true means of building an individual's cash flow and wealth." Every metric has its place, but no metric gives the whole story, like the Cash on Cash Return(CoC).
Real estate investing has long been considered a viable path to financial freedom and success. The idea of building a passive income through rental properties and long-term wealth through property appreciation is an attractive one.
An investor without investment objectives is like a traveler without a destination. Learning new things is a part of investing you must engage in to set specific goals. Reading the best books for real estate investing allows you to adapt when markets, people, the economy, and other factors change.
It is well said that ‘landlords grow rich in their sleep.’ The demand for buying and selling property remains no matter what the circumstances are.
It is beautifully said that ‘don’t wait to buy real estate; buy real estate and wait.’ Before getting started, the first question that would come into your mind is what you should look for in your first real estate investment property. The answer to the critical question is a high capitalization rate and cash-on-cash return.
