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There's a ton of speculative cash-flow negative rental properties. Probably much more money is invested in this space than VC companies. I wonder how these land
by onlyrealcuzzo 6y ago
There's a ton of speculative cash-flow negative rental properties. Probably much more money is invested in this space than VC companies. I wonder how these landlords will fare in this and which will cause a bigger long-term problem.
- deleted 6y ago[deleted]
- JJMcJ 6y ago> speculative cash-flow negative rental properties Usually that means rents aren't enough to cover the mortgages. Example: Buy a house for $2 million. Mortgage, taxes, upkeep, insurance, pushing toward 100K a year. But there is no chance at all you are going to be able to get $8K/month rent to cover that. Long term rental property owners, on the other hand, are doing very very well even if they don't sell.