Empower Your Business with an Easy-to-Use Deal Management System in UAE

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buying a house worst investment you'll ever make in your entire life let's say you paid a million dollars for a house average house here is 576 576 is what you pay now you need 12 for broker fees let's say you keep the house 10 years you need 10 in maintenance fees it's one percent of your maintenance fees it's about two percent in property taxes every year that's 20 2 times 10 is 20. and it's probably seven percent to the bank so that's 70 percent total those up is 112 576 000 home will have to be sold for 1.2 million dollars in 10 years you're not going to sell it for that to break even dead money and you had to put a hundred grand down to do this they're serving a master they'll borrow money from the and then if they can get some more money they'll have a little retirement account that funds Wall Street this is a big game bro rather than buying one house rent where you live and take that 100 Grand and go buy a piece of real estate where other people live I just don't need to own a home on the way up I need to own assets that pay me on the way up and once I have enough cash flow from the assets then if I want to go buy a house or a watch or a car I buy it out of the passive income