Do you know what "cash on cash return is? And why it might be the biggest Easter Egg ever?
Yep, the upcoming chocolate holiday has me thinking about real estate and how to increase one's net worth.
Happy Easter, real estate friends! It’s that time of the year when chocolate magically grows on trees and hides under bushes and peaks out from underneath rocks and outdoor furniture alike … well, at least if you are younger than 10 years old and/or have very playful friends. In either case, though, chances are you’ll eat too much of all the good stuff and might not have time or brain capacity to think about any other relevance of this very important holiday on the calendar. Of course, Easter is often associated with the beginning of spring (which can not come fast enough in my opinion - which I say as I look at horizontal rain outside of my window!) - and then there’s also the religious aspect of the holidays that are upon us. Irrespective of denomination, though, I think most people don’t realise that there are many Easter traditions that are rooted in pagan and non-religious celebrations. Which to me means it’s absolutely fine to indulge in all the nougat (yum), marzipan and wafer eggs - and revel in a couple of days without work that finally leave you time to think about some other things you want to wrap your head around. Like real estate for example.
In the spirit of new beginnings and fresh starts, I am thinking more deeply about some of the “why-s” currently - why are we writing this newsletter, and, in a similar vein, why are we even investing in real estate? So glad you asked. I am going to use my chocolate induced couch-hour to share some of my answers - and would actually love for you to think along and maybe write down a couple of reasons why you, specifically, are thinking about investing in real estate? Let’s get to it …