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Episode 29:
In this episode we take a look at the holiday rental Bob bought last year. How did he finance the property? How much did he make in rent and what happened to the price of the property?
We go over all numbers and try to provide as much value as possible.
Please note that this is not financial advice, this is purely showing how Bob’s rental property did.
Timestamps:
0:00 intro
0:26 Why Did I Buy A Holiday Rental?
1:58 Why I Could Get This For A Huge Discount
2:42 Why I Am Not Allowed To Enter My Rental Property
5:20 How Did I Buy The Rental: The Process
7:40 The Numbers: How Did I Finance
9:30 How I Got A 2nd Cheap Mortgage
11:05 The Ethical Part Of Holiday Rentals
12:25 The Numbers
17:02 The Profit
20:30 The Return On Investment
21:05 In Insane Value Increase Of The House In 8 Months
23:10 Why I Am Not Selling Despite A 70% Price Increase
24:40 My 2022 Forecast
26:03 Conclusion: Was It Worth It?
26:45 Do You Need A Real Estate Angent?
28:40 Conclusion
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Disclaimer: We are not investment advisers, brokers, or dealers and all opinions are ours – and that of our guests – alone. We are sharing our experiences and opinions which are solely intended for entertainment purposes Please note that there are risks involved in investing in any type of assets so always do your own research. When it comes to health, food, workouts, or anything on this show: Implement at your own risk and again always do your own research.