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?
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?