So you’ve heard that real estate is a good investment. But how do we make money in real estate?
There are two main ways:
- Cash Flow
- Capital Gains
Cash Flow – When you have more income (rent) than expenses (mortgage, property taxes, insurance), you make money!
Capital Gains – When you sell a property for more than you paid for it, you make money!
When you purchase an Austin investment home, you should at least be making money on one side, and in an ideal world, you make it on BOTH.