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Joshua Dorkin
Goodreads Author
Member Since
September 2018
URL
https://www.goodreads.com/joshuadorkin
More books by Joshua Dorkin…
“Today I get 100 times more done with 100 times less effort. What’s my secret? I learned to stop being a cadet and start being a general.”
― How to Invest in Real Estate: The Ultimate Beginner's Guide to Getting Started
― How to Invest in Real Estate: The Ultimate Beginner's Guide to Getting Started
“Real estate is attractive because it leads people closer to financial independence—the ability to live life on one’s own terms, rather than simply earning enough to pay bills and survive.”
― How to Invest in Real Estate: The Ultimate Beginner's Guide to Getting Started
― How to Invest in Real Estate: The Ultimate Beginner's Guide to Getting Started
“Real Life Example: John has $100,000 to invest. He can choose to use that $100,000 to buy a house that will produce $1,000 per month in income or $12,000 per year. This equates to a 12% return-on-investment. John could also, instead, use that $100,000 as a 20% down payment on FIVE similar homes, each listed at $100,000. With an $80,000 mortgage on each, the cashflow would be approximately $300 each month per house - which is $1,500 per month each or $18,000 per year. This equates to a 18% return-on-investment - 50% better than buying just one home.”
― BiggerPockets Presents: The Ultimate Beginner's Guide to Real Estate Investing
― BiggerPockets Presents: The Ultimate Beginner's Guide to Real Estate Investing
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