👋Welcome Back,

Welcome back, I hope you are having an amazing Friday so far. Today we will be discussing the topic of real estate investing and also have for you a great article on your overall success. Enjoy!

Read Today’s Article on Overall Success Building

Check Out Today’s Sponsor for Real Estate Investors: PropStream

🏘️Real Estate Investing

This section will provide you with all of the information you need to succeed in the real estate investing world. I hope this helps in your journey toward SUCCESS! You got this!

🎯Tip Of The Day:

📸Market Snapshot:

Current Interest Rates: 6.8% for 30-year fixed mortgages
Home prices have remained stable this week in most urban areas, while suburban markets continue to see a slight increase due to higher demand for larger spaces. Inventory is tight, especially in the $250,000 - $400,000 range, which is driving competition among buyers.

• Hot Market: Austin, TX — Home prices are up 2.5% over the past month due to a surge in tech industry growth and relocation trends.

Best of X - Real Estate Investing:

🏠Deal Of The Day:

Duplex in Atlanta, GA – $320,000

• Details: 3-bed/2-bath units, located near downtown, with a 7% cap rate. The property is fully rented, with long-term tenants.

• Why It’s a Deal: This property offers excellent cash flow potential and is situated in a high-growth area. With Atlanta’s strong job market and low vacancy rates, it’s a great opportunity for investors looking for stable returns.

🔑Today’s Real Estate Term:

Cash-on-Cash Return (CoC)
Cash-on-cash return measures the return on the actual cash invested in a property. It’s calculated by dividing the annual pre-tax cash flow by the total cash invested.

• Example: If you invested $50,000 and the property generates $5,000 per year in pre-tax income, your CoC return would be 10%.

• Why It Matters: It helps investors evaluate the profitability of their real estate investments based on actual cash returns.

💵Investment Strategy:

Buy-and-Hold for Long-Term Appreciation
Buy-and-hold is a simple strategy where investors purchase properties and hold onto them long-term, allowing the property to appreciate in value over time.

• Benefits: Over time, rental income grows, while your mortgage payments remain fixed (if using financing). Plus, property values tend to rise over the long term, giving you both cash flow and capital appreciation.

• Pro Tip: Focus on areas with high growth potential and low vacancy rates to maximize long-term gains.

🪓Real Estate Investing Tool

PropStream - The best tool for finding off market properties, analyzing profitable deals, and generating leads. This is the best way to maximize your real estate investing without having to give up the quality.

They are currently offering a 7-day free trial - Try it out for FREE

_*Sponsored

📚Knowledge Booster 

Book: Atomic Habits - Chapter 5

The Best Way to Start a New Habit

In this chapter, James Clear introduces the concept of implementation intentions, which involves specifying exactly when and where you will perform a new habit. He explains that vague intentions like "I’ll work out more" often fail because they lack a clear plan. By setting a specific time and location, such as "I will go to the gym at 7 a.m. on Monday," you increase the likelihood of following through. Clear also introduces the idea of habit stacking, which involves linking a new habit to an existing one, making it easier to incorporate into your routine.

Action Step: Create an implementation intention by filling in the sentence: "I will [behavior] at [time] in [location]." Additionally, try habit stacking by adding a new habit directly after a current habit, such as “After I drink my morning coffee, I will meditate for 5 minutes.”

📖Today’s Post

Today’s post is on the following topics: Overall Success Building

Click below to read today’s article

Every post we create is designed to help you achieve your financial goals. Some may seem tedious, others exciting, but the truth is that success in business requires a balance of both(more often than not the tedious things). But if you stay committed and apply our advice in your everyday life, by the end of the year, you may not only be wiser but could also be a million dollars wealthier. It all comes back to how much you want it.

If you have ay questions regarding our article feel free to ask we are happy to answer!

Our Thoughts on PropStream

Overall we would rate PropStream a 8/10 real estate investing tool. We have been using PropStream for our investment process for about 50 days now and they do a lot of things very well for example there off-market deal finder is exceptional although they do lack in some areas like the marketing side but in our opinion it is worth it alone for the deal finder.

Try there 7-day FREE trial

_*Sponsored

👋That’s All For Today

I hope you enjoyed today’s issue. If you have any questions regarding today’s issue or future issues feel free to ask. Come back tomorrow for information on how to grow your income and wealth. I hope to see you.

🎆Extras

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P.S. If there is a topic you would like us to go over feel free to email us or comment on our post