This episode we examine Lisa and Ben. They are a couple that purchased duplexes as rental units in order to generate passive income. Unfortunately, they didn’t do enough due diligence prior to their purchase and ended up losing money on their rentals. Worse yet, the housing market took a downturn right before they needed to sell their properties, putting them in the position of selling them at a loss.
We also discussed an article that talked about Food Hoarding. It was an interesting take on the advantages of food hoarding as opposed to bank savings accounts in trying to maximize your financial wellbeing. While we didn’t quite agree with the article, it provided some interesting food for thought.
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