The main disadvantage is you lose flexibility. Real estate is easy to buy & sometimes almost impossible to sell — This is happening right now in Campione, my favorite town, safest in Europe where the huge Casino that supported the town just folded! The 500 fired ex-employees mostly now want to sell out and move…
DetailsPeterTaradash says: $50,000 a year if he is very lucky. Probably a lot less! Comment by R.F., Texas: $100 million generating $50,000 a year? That’s a yield of 0.05%… that’s 1/2 a percent… that is no where near realistic. With that kind of money he should be seeing is at least 6 to 10% returns.…
DetailsPart1 – How to get out of debt? I only know 3 ways Pay the debt File bankruptcy which will wipe out the debt. Be a successful deadbeat by paying a nominal amount once in a while, making a lot of excuses, have no visible property in your own name, and no job where they…
DetailsFirst of all, never buy any property more than a half-hour drive from where you live. Why? There are always problems that need solving. You can’t spend too much time going to & from the places you own. Time is limited and before you know it, you will be 80+ like me. So don’t waste…
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