Twetch ·
Diversify. Bitcoin, stocks and property!
Twetch ·
Buy 10 small apartments for $100K in popular rent cities/areas, loan 90% & pay down 10%.
$35K in interests year 1 (3,5%).
Rent the small apartment for market price for $400 (4800 yearly) * 10 apartments - 15% (costs/no rent) = $40800.
$5800 in profit.
Twetch ·
Damn it, haha, I did some mistakes. Note to myself, do the calculations before writing directly on Twetch! Haha...
Twetch ·
The numbers will be completely different, I was not thinking straight for a moment and I just built on the initial numbers. You have 9 million in loans and 1 million in assets. Much higher numbers and risk/reward scenario.