Re:Wealthy use debt to buy future cash flow everyone else us...
by fredophile on Sunday May 09, 2021 @11:33PM
(#27102435)
> I'm not sure the outcomes are equally probable.
To be fair, the original author makes some very improbable assumptions. Several people have posted research they've done or experience in things like vending businesses. At one point the author says that even with Covid affecting the short term rental market Sam could still get a 20% return in year 1. To make that math work he needs to make $100 profit a month from the rental property during a pandemic when he would actually have a hard time just minimizing his losses.
To be fair, the original author makes some very improbable assumptions. Several people have posted research they've done or experience in things like vending businesses. At one point the author says that even with Covid affecting the short term rental market Sam could still get a 20% return in year 1. To make that math work he needs to make $100 profit a month from the rental property during a pandemic when he would actually have a hard time just minimizing his losses.