Paul Mark Morris

I didn't create the tax laws.

Somebody's paying insurance.

And so if the landlord's paying insurance, they cannot pay their insurance unless they're charging you for their insurance.

Somebody is paying that property tax.

It goes into the value of the property.

The reason why apartment building owners are the secret millionaires or multimillionaires is because it's worked for them and has always worked for them.

I see people lose money in real estate.

And the people that lose money in real estate are people that get over leveraged.

Like you said, I agree with you, except that if you can afford to pay, if you can afford to pay the mortgage, just like you have, if you can't pay your rent, you're eventually going to get thrown out.

And so if you can afford to pay your mortgage, then you're good to go.

And over time, the payment that you're making is almost all interest in the beginning.

And then it starts to change.

You're paying down principal over time.

You're building your own war chest.

Sure.

Okay.

i would want to ask you where is the value of the house during that during that period of time and that you might say is market dependent and i would say to you that if you bought it the way i talked about buying it it's not it's more dependent on the value you add than the market but i love overtime looking at big data sets yeah

And so you want me to answer that?

Is that a statement or is that a question?

It's like, you know, a national, a national weather forecast.