Beyond the Hype: The Realities of Rental Property Investments

Jake Of All Trades

A tartalmat a Jake Nuno: Financial Advisor and Financial Guru, Jake Nuno: Financial Advisor, and Financial Guru biztosítja. Az összes podcast-tartalmat, beleértve az epizódokat, grafikákat és podcast-leírásokat, közvetlenül a Jake Nuno: Financial Advisor and Financial Guru, Jake Nuno: Financial Advisor, and Financial Guru vagy a podcast platform partnere tölti fel és biztosítja. Ha úgy gondolja, hogy valaki az Ön engedélye nélkül használja fel a szerzői joggal védett művét, kövesse az itt leírt folyamatot https://hu.player.fm/legal.

1+ y ago 30:54

MP3•Epizód kép

In a recent episode of the "Jack of All Trades" podcast, host Jake Nuno delved into the subject of passive income from rental properties, a topic currently gaining traction, especially among young professionals. While low mortgage rates until 2022 made owning multiple properties seem appealing, rising rates are beginning to change that narrative. Jake highlighted the need for investors to be aware of the hidden costs and potential pitfalls of using mortgages for such investments. Drawing from personal experience, he shared the story of considering turning his previous home into a rental property. Despite the potential for a positive cash flow, Jake factored in property management fees and unforeseen expenses, like a failing water heater. Such unexpected costs could have easily turned a seemingly profitable venture into a financial burden. Jake's core message: while rental properties can be lucrative, potential investors should be wary of operating costs and have realistic profit expectations. The podcast continued with a discussion on budgeting for a house purchase.

*“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.”

Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show!

Follow Jake on Twitter and Facebook @jakestwocents

Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services offered through CES Insurance Agency.

Actual performance and results will vary. These interviews do not constitute a recommendation as to the suitability of any investment for any person or persons having circumstances similar to those portrayed. Consult a Financial Advisor regarding your specific circumstances. I*financial is located at 1901 NW Military Hwy. STE. 102. San Antonio, TX 78213. Phone number 210-342-4346

Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show!

Follow Jake on Facebook @jakestwocents

Securities and advisory services offered through Commonwealth Financial Network®, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services offered through CES Insurance Agency. Actual performance and results will vary. These interviews do not constitute a recommendation as to the suitability of any investment for any person or persons having circumstances similar to those portrayed. Consult a Financial Advisor regarding your specific circumstances. I*financial is located at 1901 NW Military Hwy. STE. 102. San Antonio, TX 78213. Phone number 210-342-4346

264 epizódok