The house of the seven gables thesis

What I did was buy every 3-5 years. As soon as I could command rent higher than the mortgage, it got rented out and I moved on. In just under 15 years, I have purchased 4 homes, all of which I still own. All are on 15 year notes, which means some are almost paid off. And, the income from the 3 rentals pays the mortgage costs on all 4 homes, which means I’m essentially living in mine for free. Sure, there are maintenance and repair costs, but in the long term, I’ll come out ahead when I have 4 properties that are paid for with no mortgage and will have income coming in on 3 of them. Selling a house that you’ve got a good amount of equity in just so you can take out a new loan on a bigger property is silly. Earn and save the downpayment on the new property just like you did on the first. Don’t sell to get your new downpayment.

Table —Total Government Receipts in Absolute Amounts and as Percentages of GDP: 1948–2016
Table —Total Government Expenditures: 1948–2016
Table —Total Government Expenditures as Percentages of GDP: 1948–2016
Table —Total Government Expenditures by Major Category of Expenditure: 1948–2016
Table —Total Government Expenditures by Major Category of Expenditure as Percentages of GDP: 1948–2016
Table —Total Government Surpluses or Deficits (-) in Absolute Amounts and as Percentages of GDP: 1948–2016

The house of the seven gables thesis

the house of the seven gables thesis

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