The Importance of Sticking to the Data When Making Real Estate Decisions

The truth about building wealth in commercial real estate: Trust the numbers, not your emotions!

Many people dream of buying and holding commercial properties forever, passing them down to future generations. While that's a noble goal, it's not always practical when you have investors to consider.

Here's the reality: When you're using other people's money, you need a clear exit plan. 🎯 Typically, that means building a business to sell within a 5-10 year timeframe. Then, you can take those profits and roll them into properties you hold for yourself.

The key to success? Trust the spreadsheets and live by the numbers. They don't lie! When you let emotions get involved, that's when you start losing money.

My biggest piece of advice: Always trust the data. It will guide you to make smart, profitable decisions in your real estate investing journey.

Want to learn more about creating a winning investment strategy based on numbers, not emotions? 🤔 Tune in to the full interview on my podcast, Living Off Rentals, where I dive deeper into real estate investing with my guests, sharing it all: the good, the bad and the ugly! 🎧

🎙️ Listen now: Living Off Rentals: Episode 225 - https://podcasts.apple.com/us/podcast/225-from-flipping-to-multifamily-achieving-financial/id1498343271?i=1000657918508

#CommercialRealEstate #TrustTheNumbers #ExitStrategy #InvestSmart #DataDrivenSuccess

To listen to the complete interview go to: https://www.livingoffrentals.com/podcast

READY TO START YOUR OWN SHORT-TERM RENTAL BUSINESS?
https://www.livingoffrentals.com/start

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Видео The Importance of Sticking to the Data When Making Real Estate Decisions канала Living Off Rentals