dhellew3 Wrote:
Oct 02, 2012 12:52 PM
It never ceases to amaze me how few democrats understand the simplest basics of investments. I recently had to remind my ultra-conservative accountant wife that investments are about return, not necessarily about cash flow. In addition to other sources of income, like a job, we are in the single-family house rental business and debt free. A recent opportunity arrived to purchase a house with acreage at less than half current market value. The 1600 square foot house is in good condition and the current tenants are two months into a 1-year lease. My wife's angry question is how does the investment do us any good, where is the CASH FLOW? When she calmed down I reminded her that real estate is an investment (continued)