Moral Hazards Amok

Three Areas of Opportunity for the Bold

"I collect $1,300 to pay out $930 each month while watching the value of the property more than double in coming years."

If this current real estate crash, which we’re probably only half way through, hasn’t dramatically driven home the fallacies in that line of reasoning, then nothing I can possibly say here will.

And yes I know that $1300 is more than $930, but that's not cash flow positive btw. After expenses and the inevitable repairs, you need a ratio that's closer to 2:1.
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