How to become a Millionaire in 5 years
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@theredscourge whatever you do you are still in huge debt LOL
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@vatodeth Well, it's virtually applicable to any type of investment.
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@Therippleaffect wow are u fuken sirouslyman?>
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But doesn't that heavily mortgage your properties into massieve debt
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What equity? Property values are still going down in most of the US.
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i did that i was up to 7 houses then i got married. Then i got divorced can you guess how many i have now? 1 pre nup people prenup
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Don't forget to add in property tax, repairs, etc., the possibility of tenants who don't pay and vacancy. If you buy in at the wrong time (like a housing bubble) you will end up subsidizing your tenants rent. Real Estate is only one type of investing. Always diversify your portfolio!
vatodeth 2 weeks ago 9
lol the exact plan that caused the recession
Pepperz714 3 weeks ago 6