Investing in Rental Houses?
Investment in rental houses has become prolific these days. It started with large hedge funds buying tens of thousands of empty-foreclosed-homes from the banks. They were getting these houses for around twenty cents on the dollar. After attempting to turn these properties into rental-backed securities (they just can’t control themselves) these large hedge funds decided […]
Debt is Collateral?
In our current economic ocean of insanity, one of the worst aberrations of sound financial policy is the creation of a new kind of collateral—DEBT ! It seems that in order to borrow billions and billions more of “money”, it was necessary to first take all of the real collateral in the world and turn it […]
