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I would wager that most investment properties are bought with debt, ie. leverage. It makes more sense to purchase a property with a fraction of the cost and the
by docker_up 8y ago
I would wager that most investment properties are bought with debt, ie. leverage. It makes more sense to purchase a property with a fraction of the cost and then use Airbnb to pay for the mortgage. Only extremely naive investors would be spending their cash to buy a property when they could instead get multiple properties using leverage/debt.
- inscionent 8y ago> Only extremely naive investors would be spending their cash to buy a property Smart investors use other people's money and hope for the bailout. Galaxy brain investors use other people's money and write the bailout.