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J
STOP Paying Rent: Live For Free
GOLD! REAL ESTATEWoah, there! No need to get defensive. No trolling here. Just my honest opinion. I have somewhat narrow thinking so I wasn't thinking of the "living rent free" part as using a side income from real estate to pay for rent or mortgage somewhere else. I sometimes takes things too literally. :/...- jnam
- Post #221
- Forum: Real Estate Investment Forum
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J
STOP Paying Rent: Live For Free
GOLD! REAL ESTATEOh! Post #92, heh? Read the whole thread, heh? Well sir... "NO BODY GOT TIME FOR THAT!" I took this thread as a "live rent free" strategy. Not a "get rich" strategy. I know your average(or above average) investor doesn't live in their properties forever(or at all). I know it's not a forever...- jnam
- Post #218
- Forum: Real Estate Investment Forum
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J
STOP Paying Rent: Live For Free
GOLD! REAL ESTATEThe math is off. You forgot that YOU will be living in one of those units. So you WON'T be paying for rent. Therefore in your example, your gross revenue from rents would be $2000 for a 3-plex, not $3000(because your not paying your own rent). This fact increases your expenses. The $2000 gross...- jnam
- Post #215
- Forum: Real Estate Investment Forum
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