The Disappointment of a Tie
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 who said Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. – So purchasing a rental property and not losing money because you get the depreciation and tax benefits or because you are letting someone else amortize your debt could be considered “not losing money.”.
The Long-Term Vision
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). It’s hard to buy dinner with equity, so if at all possible, make sure your investment cash flows!
Ensuring a Win in Real Estate
And enjoy the Super Bowl 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!
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