3 ms·
I mean yeah, renting is cheaper from a cashflow perspective. But you don’t end up with a multi-million dollar asset in 30 years.
by shortcake27 3y ago
I mean yeah, renting is cheaper from a cashflow perspective. But you don’t end up with a multi-million dollar asset in 30 years.
- SirMaster 3y agoIf you keep investing in something like multi-family realestate you should easily have well over a million in assets after 30 years. These assets would be generating cash flow, but you could sell them for a lump sum if you are OK with all the taxes. Selling and buying another property allows you to do it without incurring such taxes.