607: Net Worth Acceleration with Real Estate Part 2
Welcome back to part two with Gary Wilson. This episode gets extremely tactical. So, bust out the notebook because Gary is dropping nuggets left and right as we walk through a couple of case studies. During the show we get down to the nitty gritty on vetting deals, calculating true returns, and how to make sure you will always get the lending you need.
During the show, we discuss:
- A case study of the real return a $500,000 property grossing $4,000 per month
- Why you should request rent rolls and estoppel letters during the due diligence process
- Why 50% loan to value is the tipping point for lending
- Cash on cash returns and cap rates