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Focus on building equity in your rental properties from "summary" of The Book on Rental Property Investing by Brandon Turner
When it comes to investing in rental properties, one of the most important concepts to keep in mind is building equity. Equity is essentially the difference between what your property is worth and how much you owe on it. The more equity you have in a property, the more profitable it can be for you in the long run. Building equity in your rental properties can be achieved in a number of ways. One common way is through appreciation, which is the increase in value of your property over time. By investing in properties in high-demand areas or making improvements to increase the property's value, you can increase your equity through appreciation. Another way to build equity in y...
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