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Old 09-22-2004, 11:59 AM  
V_RocKs
Damn Right I Kiss Ass!
 
Industry Role:
Join Date: Dec 2003
Location: Cowtown, USA
Posts: 32,428
Quote:
Originally posted by MattK
just borrow as much money as you can and buy as many properties as you can afford, real estate always goes up at least 10% a year or more, it never goes down, ever.
What planet are you living on man?

If you spend all of your available money on real estate and the market drops out and you lose all of the equity that is being used as collateral for your investments, you will lose all of your investments because the lender will want the collateral.
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