Submitted by W0lfyw0lfw0lf t3_11bzjom in explainlikeimfive
nomopyt t1_ja0ya7p wrote
Reply to comment by therealdilbert in ELI5 When you buy a house (USA), where does your money go? by W0lfyw0lfw0lf
This is the best explanation in the thread. Nicely done.
Real estate is a good investment in my opinion. But just like all investments the key is to buy low and hold/leverage or sell high.
Easy enough to say and it can be done, good Lord willing and the creek don't rise. Takes time, energy, money, and luck though.
Viewing a single comment thread. View all comments