Re: Prop bet?
couple quick points
the one thing alot of people are missing is this. yes of course i wouldn't touch a property unless it was a positive cashflow. However even if you are only making 100$ after your expensises you are also making the mortage money thats being paid down. Thats all building your equity.
I own a house and am renting out rooms to friends, and am part of REIN (real estate investors in canada)... hoping to get a couple more propertys nad keep growing once my equity builds. Real estate is a great investment and passive income.
btw im 21 too. Great to hear someone kickin ass at it as young as me, very inspirational.
any horror or intresting tenant storys? right now im just living with guys in my band, but once i start branchin out im sure ill experiance some of them. how do you deal with [censored] tenatns ect?
thanks man!
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