The worst thing about earning money is the stage where no you longer spend based on reason, but instead based on capital potential. The housing bubble has been building and building and building flames fumed by apparent risk-free-Xing your net worth.
Its a house of cards. When you have 20 properties, you are 20x'ing your risk of getting the lemon. My uncle started down this path 30 years ago and eventually got royally screwed. Its a chain, this choice of investment chains you to a wage.
Genuine question, what happened to your uncle? Was he screwed in the 2007/8 crash? A close family member of mine was nearly bankrupted when the banks tightened lending policy.
Its a house of cards. When you have 20 properties, you are 20x'ing your risk of getting the lemon. My uncle started down this path 30 years ago and eventually got royally screwed. Its a chain, this choice of investment chains you to a wage.