Today’s podcast talks about how all too many investors waste their time building spreadsheets trying to determine what the Internal Rate of Return of each property will be, instead of how much NET PROFIT they will get if they purchase any property.
You must remember, to find the amount of net profit is based only on the amount of the investor’s cash they invested in each deal. In the early years of your investing career forget the Internal Rate of Return and focus more on how much net profit you end up with after expenses to pay your monthly expenses.
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