Location is more than just an address when it comes to making a smart real estate investment.
That's according to Sidney Torres, a serial entrepreneur, real estate developer and host of CNBC's "The Deed."
When Torres bought his first flip, he was making $20,000 to $22,000 a year in base pay — $40,000 with overtime. When he was only 20, his grandmother co-signed his first loan. Since then, he has developed over $100 million in real estate.
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