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Suppose you are considering buying a condo as an investment. The condo is under rent control' The rent ( your income ) can NEVER, ever
Suppose you are considering buying a condo as an investment. The condo is under "rent control' The rent your income can NEVER, ever change...
If you buy it you'll lease it out and collect $MONTH When you die, your kids will get the $ and then their kids forever and ever...
If you have a Discount Rate or Yield to Maturity of what's the most you'd pay for this condoinvestment today?
I know the answer is but I don't know how to get that number!!!
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