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A house is a financial drag on your finances.
Depends on how you see it!
Why? Because you put this big lump sum down payment into a house and it doesn't really grow for you. Conventional financial wisdom will say you're putting money into this house and its growing equity. But in reality, it’s not!
Join our mastermind group and meet other passive investors.
Visit https://simplepassivecashflow.com/club.
Hosted on Acast. See acast.com/privacy for more information.
By Lane Kawaoka, PE5
11 ratings
A house is a financial drag on your finances.
Depends on how you see it!
Why? Because you put this big lump sum down payment into a house and it doesn't really grow for you. Conventional financial wisdom will say you're putting money into this house and its growing equity. But in reality, it’s not!
Join our mastermind group and meet other passive investors.
Visit https://simplepassivecashflow.com/club.
Hosted on Acast. See acast.com/privacy for more information.