Rental property billionaire says buying a home (with a mortgage) is "fancy bullshit" and you should rent instead

restingboredface@sh.itjust.works to News@lemmy.world – 478 points –

[Mortgage Is 'Just A Fancy Bullsh*t Word For Paying Rent For 30 Years To The Bank,' Says Real Estate Billionaire Grant Cardone — Here's Why Renting Could Be A Better Financial Move

](https://finance.yahoo.com/news/mortgage-just-fancy-bullsh-t-171148202.html?guccounter=1)

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owning several properties for renting and not needing to actually work is the real fancy bullshit.

did anyone tell that to this leech?

"I love renting. I never have to fix anything that's the landlords job"

To

"Landlords do NOTHING"

In a few short years.

Tenant: "Hey landlord, my furnace isn't working anymore. Fix it please."

Landlord: Makes one phone call to a contractor and uses 10% of this month's rent to pay them

My landlord makes maybe two phone calls like that a year, and she will have "earned" $40,800 of my money. Somehow, people like her have convinced people like you that simply owning a home that and doing 1 hour of cumulative work once a year is worth 30% of an engineer's income.

Fuck off, leech.

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