September 6 2016
Franklin D. Roosevelt observed that real estate cannot be lost or stolen, nor can it be taken away.
He also noted that real estate purchased with common sense, paid for in full, and managed with reasonable care, is the safest investment in the world.
Commercial property is often targeted as a means of accumulating wealth and generating a secondary income.
However, “paid for in full” is not something we necessarily agree on, as FDR is missing a key advantage of owning property in his statement, that being the use of debt to leverage returns.
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