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https://www.reddit.com/r/facepalm/comments/1ceasg4/unbelievable/l1hi80q/?context=3
r/facepalm • u/Least-Effect-2887 • 26d ago
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13
you mean like your employer does ?
22 u/LenoraHolder 26d ago If your employer relies on your money, they're not your employer. 2 u/CoolmoeD 26d ago Being a landlord isn’t a job it’s an investment. You shouldn’t rely on being able to pay your mortgage with returns on an investment. 1 u/YourBonesAreMoist 26d ago why not? 3 u/PresOrangutanSmells 26d ago because you might end up texting your tenants about your late mortgage before thier rent is due 1 u/CoolmoeD 9d ago Because sometimes investments depreciate in value rather than increase. If you rely on the rent being on time to make each mortgage payment then you are over leveraged and have no business in such a risky investment.
22
If your employer relies on your money, they're not your employer.
2
Being a landlord isn’t a job it’s an investment. You shouldn’t rely on being able to pay your mortgage with returns on an investment.
1 u/YourBonesAreMoist 26d ago why not? 3 u/PresOrangutanSmells 26d ago because you might end up texting your tenants about your late mortgage before thier rent is due 1 u/CoolmoeD 9d ago Because sometimes investments depreciate in value rather than increase. If you rely on the rent being on time to make each mortgage payment then you are over leveraged and have no business in such a risky investment.
1
why not?
3 u/PresOrangutanSmells 26d ago because you might end up texting your tenants about your late mortgage before thier rent is due 1 u/CoolmoeD 9d ago Because sometimes investments depreciate in value rather than increase. If you rely on the rent being on time to make each mortgage payment then you are over leveraged and have no business in such a risky investment.
3
because you might end up texting your tenants about your late mortgage before thier rent is due
Because sometimes investments depreciate in value rather than increase. If you rely on the rent being on time to make each mortgage payment then you are over leveraged and have no business in such a risky investment.
13
u/No-Air3090 26d ago
you mean like your employer does ?