2 ms·
Your landlord is getting ~0% interest and leveraged 4:1. The leveraged appreciation is definitely not -1%. Over the last ~15 years, it's closer to +10%.
by onlyrealcuzzo 3y ago
Your landlord is getting ~0% interest and leveraged 4:1.
The leveraged appreciation is definitely not -1%.
Over the last ~15 years, it's closer to +10%.
- johngladtj 3y agoClose, their cost of debt was 2% a couple of years ago. The waac last I checked was around 3 or 4 %. Whatever the case once you account for costs they are not making money