restingboredface@sh.itjust.works to

News@lemmy.worldEnglish · 1 year ago

Rental property billionaire says buying a home (with a mortgage) is "fancy bullshit" and you should rent instead

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Rental property billionaire says buying a home (with a mortgage) is "fancy bullshit" and you should rent instead

restingboredface@sh.itjust.works to

News@lemmy.worldEnglish · 1 year ago

[Mortgage Is ‘Just A Fancy Bullsh*t Word For Paying Rent For 30 Years To The Bank,’ Says Real Estate Billionaire Grant Cardone — Here’s Why Renting Could Be A Better Financial Move

](https://finance.yahoo.com/news/mortgage-just-fancy-bullsh-t-171148202.html?guccounter=1)

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captainlezbian@lemmy.world
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1 year ago
Yeah but at the end of 30 years the bank lets me keep the place and they never raise the price
- Dkarma@lemmy.world
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  1 year ago
  Don’t forget the last 5 years is u basically using the banks money for free cuz of amortization.
- Illuminostro@lemmy.world
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  1 year ago
  As long as you pay the property tqxes and homeowner’s insurance, and all the maintenance.

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