3 ms·
I think you missed mentioning the greatest thing about rental properties: You're buying the property using someone else's money (via a mortgage). There is lite
by revicon 5y ago
I think you missed mentioning the greatest thing about rental properties: You're buying the property using someone else's money (via a mortgage). There is literally no other investment besides real estate that allows you to do this.
- PiRho3141 5y agoI did. Fourth paragraph number 3: Principal payments (part of the mortgage the tenant pays goes into the principal of the property--usually around 30% of the first payment goes to principal if you put down 20% and it only goes up from there