Re:Private equity bought out your doctor and bankrupted Toys...
by JumpCrisscross on Tuesday June 13, 2023 @05:29PM
(#36317704)
> Every time you get a payment from AirBnB, you take most of the money and move it to your personal bank account as a "management fee" or a "bonus" and you put the smallest amount possible into the mortgage and the second mortgage
Correction: you pay your debt first. Then you take the money and spend it on yourself versus investing in the business, upgrading the home.
Correction: you pay your debt first. Then you take the money and spend it on yourself versus investing in the business, upgrading the home.