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Well, yeah. You invest into real estate for it to pay off after 20 years and then generate you pure profit. The problem is that at that time, maintaining a 20 yo property isn’t cheap either, especially with remodels in between that need to happen to keep it looking good and functional.
Well, yeah. You invest into real estate for it to pay off after 20 years and then generate you pure profit. The problem is that at that time, maintaining a 20 yo property isn’t cheap either, especially with remodels in between that need to happen to keep it looking good and functional.