Real estate investing requires a new way of thinking about your money
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I bet many of you are thinking those rates are criminal. Some debt, though, really is good debt. People will scoff at a deal like this and then go take out a $50,000 loan at 5 percent on a car (a rapidly depreciating asset) that is worth 20 percent less the minute you drive it off the lot and think its a great deal. A 5 percent rate on a depreciating asset is a much worse deal than a 16 percent rate on a deal property management company maryland with a 30 percent profit margin. You also dont need millions of dollars to do this.
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