Why Cash Flow Beats Cash Any Day Hands Down
Don't you sometimes feel envious when you hear how someone boasts how they bought a property at 20% or more under market value? Great price! But did you ever stop and ask what ongoing terms it was bought at? That's the cost part that may get shoved to the side. As with anything, that's what we call a one-off cost as opposed to an ongoing cost. Just think about in terms of buying a top-of-the range washing machine that just goes year-in-year-out with little or no maintenance compared to the cheaper model that often breaks down at the wrong time and needs replacing much sooner. You need to be thinking about instant cash and ongoing residual cash income in the same way. ...
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