It seems that Facebook is full of investing geniuses.
I posted a case study of a commercial property deal that was bought for $450,000 and returns about $25,000 per year in net passive income.
(That’s after loan repayments and other expenses)
And, this guy – who I presume is Australia’s answer to Warren Buffett – commented: “Very poor return!”
Now, given that Helen Tarrant, who did this deal, only put in around $100,000 to secure this deal (the rest was borrowed)…
That’s a 25% cash on cash return in one year!
And, that’s without taking account any capital growth etc.
Now, she has to pay tax on that money – but hey that’s the case with most income.
But, clearly these investing geniuses on Facebook are getting far better returns.
Hey they are probably running hedge-funds in Wall Street or the Bahamas that are getting triple that for their
But, for us mere mortals….around $25,000 per year passive income from a humble little $450,000 property ain’t so bad.
If you want to discover how to find deals like this, come along and meet Helen at her upcoming event in your city.