You may have heard on TikTok or other short-form social media sites that once you buy a multifamily property, your renters pay your mortgage.
On this episode of the Heartland Multifamily Show, we watch a clip of Dave Ramsey giving a pretty harsh reality check to any would-be investor.
While that is true in the sense that your money does come from rental income, you can’t just sit back and wait for a truck full of money to come to you.
In this reaction video, Trot and I discuss this clip from Dave Ramsey’s show. Click here to watch.