The building is not cash flow positive and she is incurring a lot of debt. Where would she find the extra money to pay for the monthly loss? I am not a real estate investor so take my opinion with a BIG grain of salt. I am happy it all works out for her.
I am inspired by the story although it is not a good lesson on how to invest. Very entertaining
The building is not cash flow positive and she is incurring a lot of debt. Where would she find the extra money to pay for the monthly loss? I am not a real estate investor so take my opinion with a BIG grain of salt. I am happy it all works out for her.
No wait, that's not right. The building is cash flow positive.
Another great post - love reading your writing, Stephen!
Thanks Armin. I'm so glad it's helpful.