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Freedom Smuggler
npub1nje…l02j
2024-05-23 19:14:57

Freedom Smuggler on Nostr: One thing that puzzles me. Usually, if one buys a house with a loan and rents it out. ...

One thing that puzzles me. Usually, if one buys a house with a loan and rents it out.

The rent shouldn’t theoretically be able to cover the mortgage/loan payment + maintenance.

Because the size of the loan is greater than the value of the house.

How in the world did we get to a point where every freakin influencer say buy a property and rent out and keep buying and renting etc.

What happened? When did this become normal? Or are these all lies?
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