Actually, this is a very simplified version. In real life, this is not as easy as it looks. e.g Finding tenants, tenants making payments on time, increase in interest rates (unless you are using a fixed rate).
In your example. if your tenants ran away then you will be left with making payments otherwise the bank will take over your house.
However, the aim of this video is to identify opportunities and take ADVANTAGE of them.
@SoulThriveMusic
Yes, you will be required to make all the mortgage payments.
If your asset (house rent) is not working for you, then somebody has to.
TheCrazykid1990 3 weeks ago
@SoulThriveMusic
Actually, this is a very simplified version. In real life, this is not as easy as it looks. e.g Finding tenants, tenants making payments on time, increase in interest rates (unless you are using a fixed rate).
In your example. if your tenants ran away then you will be left with making payments otherwise the bank will take over your house.
However, the aim of this video is to identify opportunities and take ADVANTAGE of them.
TheCrazykid1990 3 weeks ago
How can I download the computer version of it?
chrisandturbo 1 month ago
@mangu347 thank you!
kawaiikaba 1 month ago