2: Is buying the home you live in a good investment?
Jun 10, 2019 ·
7m 17s
Is your own house really your best investment? What is really an investment? There is a difference between professional and amateur investors. If you live in a house it is...
show more
Is your own house really your best investment? What is really an investment?
There is a difference between professional and amateur investors. If you live in a house it is not creating an income for you so it's not really an investment even though it might go up in value. If you buy a house and rent it out and generate an income from it then it is definitely an investment.
We quickly speak about the glossy brochures of 'off plan' investments and why Graham and Erik don't like them. We like smelly dirty properties because we know how to turn them into profitable assets.
show less
There is a difference between professional and amateur investors. If you live in a house it is not creating an income for you so it's not really an investment even though it might go up in value. If you buy a house and rent it out and generate an income from it then it is definitely an investment.
We quickly speak about the glossy brochures of 'off plan' investments and why Graham and Erik don't like them. We like smelly dirty properties because we know how to turn them into profitable assets.
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