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TopicRenting an apartment for life
Zanzenburger
04/30/18 10:39:11 AM
#21:


You can't go wrong with real estate if you can afford the payments. It's always an appreciating investment.

I "own" my house and the building where I run my laser tag facility. I say "own" because I am making mortgage payments for both.

I am about to move to another job in another state. Instead of selling, I am renting out my house (for double the mortgage cost btw) and will either sell my business or close it down and lease out the space. This way both buildings are paid for by tenants and help me pay off the mortgages. Once they are paid off, I can sell them and become $250k richer all at once.
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