Lex Levinrad Real Estate Investor, Speaker, Author & Mentor

On today's podcast episode I talk about buying rental properties. One of the most common questions I get from students is whether or not now is a good time to buy a rental property. The answer is yes. It's always a good time to buy a rental property as long as you can satisfy two criteria. 1. The property must cash flow from day one 2. You are buying the property at a discount With today's low interest rates where 30 year fixed mortgages are at 3%, and 15 year fixed mortgages are at 2.3%, it's an absolute no brainer to buy a rental property. The tax deductions and cash flow that you get from owning a rental property, along with the long term appreciation are some of the benefits of owning a rental property. Another benefit is that it's a great hedge against inflation. But by far, the fact that you will ultimately own the property free and clear and have no mortgage, is the real benefit of owning a rental property. Once you have no mortgage, the rental property will pay you income for the rest of your life. Yo