Higher Cost Rentals Made Him Way More Money Than Cheaper Properties With Andrew Postell (Ep 432)
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When Andrew started investing in real estate, all he could afford to buy were really cheap properties in not-the-best neighborhoods.These properties made money, but he faced challenges with finding property managers and high expense ratios.Andrew sold those properties and started buying better properties in better neighborhoods.As those properties have appreciated, he has been selling them off and buying even better properties in even better areas.We also talk about how Andrew is able to buy two houses every time he sells a house.