I keep on seeing that buying house or camp to rent not worth it
They says you can invest your money you'll get better
But maybe I'm missing something ?
My house will be paid in 5 year
When the interest and high price should be down
I'm thinking of buying that 100 acre land not far from my house build a camp rent it on Airbnb
I will probably build it all by myself
Wondering about if the bank will lend money if I build it myself
Probably sure you need like an estimate from professional or something
Naway from my point of view I will own 100 acre a camp and Airbnb will pay my mortgage
So at the end I will end up having a asset for free
Is there something I'm missing
Why they says is not worth it when ur taking someone else money to pay
For me it's like printing money
Worse come to worse I don't have a camp I'll be mine