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Get money from real estate? How it works?

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  • #13
    Originally posted by Omoyoungmoney View Post
    U can make money from real estate evey moth like Floyd says he does?
    The most likely way Floyd did it was to buy expensive condos/apartments and then rent them out. That way it would create a monthly income. But you'd have to collect the amount of the price of the property in rent before you actually started making money.

    Example
    buy an apartment building for 5,000,000.
    it has 100 apartments. Each rents for 5,000 a month.
    you make 500,000 a month, but it would be 10 months before you made any profit, plus you'd have to deduct the cost of running and maintaining the building. Which would slow it down even more.

    Most people I know who make money in real estate will buy run down homes at auctions, fix them up and rent them out.

    Either way, you have to have the capital to put down to start, and most people dont
    None



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    • #14
      I wish I had the money to invest in real estate.

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      • #15
        Rich nigga shit

        - - - Updated - - -

        Rich nigga shit

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        • #16
          Originally posted by Lil wayne prezident View Post
          I wish I had money.

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          • #17
            Originally posted by Lil wayne prezident View Post
            I wish I had the money to invest in real estate.
            Let that be your motivation to work hard

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