4 ms·
You also need an income to live.
by dundarious 5y ago
You also need an income to live.
- iso1631 5y agoBuy a house 40 years ago, pay your mortgage like a good workerbee Finish paying mortgage, use the equity to buy a house 20 years ago and rent it out. Rent income > mortgage interest (and capital too) House price increases, use equity to buy a few more houses. Fast forward to today, you have 3 million in equity and 10k/month coming in after costs.