Don’t you just hate it when a standard person with little or no skills in investing, and is always negative about any thoughts on investing says “My brother in-law, is a millionaire. He has 6 factories and leases them all for $1500 a week, and makes a killing. All he did was put up 4 walls and a roof on a large property and rent them out to companies! He built most properties under $350000.”
– Sounds sexy, doesn’t it? Is it really that easy to achieve rentals on a factory based on building 4 walls and a roof on a large property? To build a warehouse like that and to achieve PCF wouldn’t we all do it, if it was that simple?
Anyone want to add or talk about this strategy? Anyone with experience?
If it was $350000 to build, the repayments a week would be far below $1500 a week?
PS:
I just laughed and thought of this forum.
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