I deposited $10,000 in rent with Alberta real estate!

It’s interesting, I was sitting in a waiting room the other day and people were talking about when they think the price of real estate is going to go back up.
I said, “well you can only lose money if you sell”.
The great thing is that people will still pay rent. Bryce brought in over $10,000 rent in just one month!
If you keep the house long enough, the mortgage disappears and then that $10,000 is your cash flow every month and all that comes out of that is taxes, a bit of maintenance, and insurance.
Don’t worry about what the market is doing. Keep your head down; focus on the long-term. Remind yourself that someday, in the near future, it will be paid off and you will still be receiving rent.
ALSO...This means that you can buy a house, and even though the value may still decrease a bit it doesn’t matter because the same principle applies.
#TeamKander
#LoveRentMoney
#MortgagePayDown
#ThinkLongterm
#HoldDontSell

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Bryce/Penny Kander
Realty Executives Alberta Elite

403-896-9592