When the music stops on eviction/foreclosure moratoriums, and when we start to see all the businesses who can't make it or are not reopening, it is going to get ugly - starting with travel, hospitality and retail.

I get that appreciation makes way more wealth than cash flow, but what happens when the music stops and appreciation stops or even reverses?

If you're not careful you can easily end up paying $200/mo in subscriptions without even realizing it (this has been the case with my partner and I, between video game stuff and music and entertainment, etc. etc...).

@Peter Dascoulias II @Mark Caiazza@MARK MONTANO@Amanda Bray@John Payne@John Monroe@Melody McLaughlin@David SchulwitzThe Great Falls, Montana BP meet-up was the best to date!

It was musical tenants for awhile. 

My passion is music and engineering but well, OK, never turned a dime on either one but what I’ve learned from the people in my life who have their financial freedom (my father, aunt, former bosses) is that they didn’t do it alone.

The houses are all jammed together and some of the PMs are renting out 9br homes for $100/nt to bad guests that play loud music and get into big fights outside. 

It is the "subscription model" life style (music, books, cars, etc.)

Meanwhile, I went to a music festival that closed-IN people living in rundown apartment buildings.It was surreal.The city literally had an entire section of town off of Fremont St closed off, and people lived in government houses inside the festival.  

I'll tell you that Real Estate can be a lot like music if you don't have deep pockets.