Comments by "Holger P." (@holger_p) on "Ben Felix" channel.

  1. No, buy 5 houses, make the rent 20% higher than the mortgage, and take this money to finance the 6th house you are living in. It's a perfect plan, except nobody will give you a mortgage for 6 houses.
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  2. Since this is dedicated to Canada, there can be up to 10-15% of transaction costs when buying a house, for the real estate agent, buying-tax or luxury-tax. The crucial questions are "how long you are going to live there" and "how will the value of the house evolve vs. how will the rent evolve. Both is hard to predict. Sunk costs is only the top of the iceberg of questions to cover.
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