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The rent they are earning on those properties is definitely real money.
by malvosenior 8y ago
The rent they are earning on those properties is definitely real money.
- monocasa 8y agoAnd most of them I've seen are frittering that money away on bullshit, content in the idea that the gravy train will keep continuing ad infinitum.
- pixl97 8y agoNot necessarily. I get a loan for a rent house, I'll be paying it for 30 years. I take your rent check, pay the loan fee, and invest the rest. The market crashed. I lose my investment. My renters lose their job. No one can afford rent that matches the minimum loan payment. Where is the real money again?
- johnmaguire2013 8y agoThat's a strawman argument. In any case, if you keep your money in the market, you'll almost certainly see it again.