property purchases speculating not investing, page-128

  1. 47,086 Posts.
    It is as simple as that!

    Actually it isn't. You are peddling a fallacy but it is impossible to explain to dyed in the wool property investors.

    You only make money on OPM if your net return is greater than the interest rate and that has not been true of res property for many years.

    I would not maintain a margin account if my interest bill was higher than my profits for an extended time.
 
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