Thursday, August 9, 2007

You sigh as you close the book. "Sorry, Robert. Perhaps it's possible to become rich by your method (buying a real estate & renting it out) in your country."

"In this country the monthly mortgage itself can be enough to kill you. Even if you manage to find a tenant, it's not certain that the monthly rental will be more than the mortgage."

"It will still be a negative cashflow & as you said in your book, the house will not be considered an asset, but a liability."

From feeling inspired, you're suddenly feeling despair.

You decide to watch the TV to see how the celebration of the National Day is going on. Perhaps you'll feel inspired once again.

~The End~

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