I posted a story a couple of months ago about Mr. Philips and his inability to “qualify” for a decent loan because he is a “high net worth” investor that has “passive” income. Click here for the back ground story.
In that story I wrote about the “multiplyer effect” that each Real Estate Transaction generates. Because Mr. Philips didn’t do these new deals, non governmental stimulous funds were stopped from “spreading the wealth”.
So with the back ground story in mind, I’ve posted a video that will show you what happens when folks spend money on Real Estate.
Take a look at the video of the “street scene” of a Duplex we sold to a Buyer that actually lives on one of this property. He’s fixing up his place and look at what is going on around him.
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