My gut says this is a trap.
Normies borrow heavily. Boom jack interest rates to 18% then seize the forfeited homes
The three rules of real estate investing are: Location, location, location.
I can't be a part of any business venture that compromises my morals. I don't flip and will never be a slumlord. I hate the term "real estate" but it's parlance. I'm good with tools and maintenance and I know how hard it is for this generation to get their shit together and start a family. It's a dream job if you want to be comfortable and don't care about getting rich, which I don't.
Just don't over leverage.
Plan to pay at much higher rates. Keep capital to debt high
Boomer tier ignorance.
Those rules only applied when there were rules. Now it's just Blackrock and financial manipulation.
You're jealous. I get it. I'm happy and your response in to hurl insults. Says a lot about you.
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