Part 2/8:
Before diving into property analysis, Sean emphasizes the importance of defining personal investment goals. Different strategies exist within real estate; for instance, those looking for quick profits may prefer "fix-and-flip" properties, whereas those aiming for passive income might lean towards long-term investments that focus on cash flow. Sean and his wife focus on the latter, guiding viewers on how to evaluate property deals with cash flow in mind.
Key Metrics for Analysis
To determine the viability of a rental property investment, there are two essential metrics Sean uses: the One Percent Rule and Cash on Cash Return.