So “what if” the greatest game of the year ended in a tie? Wow, how disappointing right! Kind of like investing in a property and breaking even…Ugh, who wants to do that?
I think it was Warren Buffett that said Rule No.1: Never lose money. Rule No.2: Never forget rule No.1. – So purchasing a rental property and not losing money because you get the depreciation and tax benefits or you are letting someone else amortize your debt could be considered “not losing money”.
But sooner or later if you are negative each month it takes a toll on you. If your “end game” is to build equity in your investment property or your own house for that matter. That’s OK. But some find it difficult to keep their eye on the ball (pun intended). Its hard to buy dinner with equity so if at all possible make sure your investment cash flows!
And enjoy the SuperBowl knowing that in the NFL post season games cannot end in a tie..Even if they have to go to “sudden death” there will be a winner!
Thank you for your business!