I can’t really wrap my head around it, you can have a tenant in there that maybe covers the mortgage, but it’s not really a good investment if you’re not getting a return?
Even if you use 500k to buy a property cash, wouldn’t that money be better off in the market?
In: Economics
2 ways you make money the rent which should be 7-10% or it’s really not worth it plus capital appreciation say 3% in London or other big city.
Yes you might beat this in the market or you might loose everything. If you do loose everything in the market you could evict the tenant and still have a roof over your head.
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