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| Topic | heroic canadian assaulted by thugs for condeming shrine honoring war criminals |
| 1337toothbrush 01/05/20 2:57:21 PM #12 | I love the moment when they go apeshit near the beginning of the video. ModLogic posted... you realize both japan and germany were the bad guys in ww2? you realize both countries commitied mass atrocities? you realize only 1 of the 2 countries have whole heartedly ackowledged their errors? The US is the only country to drop nukes on civilians. Apologies when? --- |
| Topic | Why do people say renting out real estate makes you rich? It doesnt. |
| 1337toothbrush 01/01/20 6:00:00 PM #7 | I'm too lazy to manage properties and would rather put my money into more liquid investments, but I can recognize that it's certainly a path toward wealth. --- |
| Topic | Why do people say renting out real estate makes you rich? It doesnt. |
| 1337toothbrush 01/01/20 5:50:59 PM #3 | It is one way of becoming rich. It's a relatively safe way of obtaining leverage since banks will happily give you a mortgage and interest rates are pretty low even now. The plan is to rent out and make your tenants pay your mortgages for you plus extra. It gets tricky when there are bad tenants who can do some seriously damage. Either way, you get thousands of dollars a month and at the end of the mortgage you have property that you could likely sell for more than what you paid to buy it in the first place. You charge rent based on what your costs are. It'd have to be something out of the ordinary (freak accident, intentional sabotage by tenant, unlucky coincidences, etc) for your repairs to destroy your earnings. --- |
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