Invernomics and Libre a los 30: How the DANA Storm Tested Rental Properties
Sergio Iranzo (Invernomics) and Javier Medina (Libre a los 30) paused content after the DANA catastrophe. One investor was saved by buying property in Castellón.
English · Original discussion in Spanish · Published
What peine to Invernomics and Libre a los 30 after the DANA storm
What happens to a portfolio of rental apartments when water floods a tenant's home? That's the question left hanging when Sergio Iranzo (Invernomics) and Javier Medina (Libre a los 30) stopped publishing. Two channels that posted videos every two to three days went silent for a whole week. Not a single video. And curiosity, naturally, soared.
Two Portfolios and a Geography That Changes Everything
Medina bought in Castellón, not Valencia, so the flood didn't affect his properties. Iranzo did have rental properties in Valencia and, according to accounts, in other towns as well. Allegedly, one of these apartments lost water and electricity, yet the rent continued to be collected. That detail —charging rent for a home without utilities— is what caused the most controversy among those trinc the situation.
The Million-Dollar Video and Passive Income
After the break, one of the channels reappeared with a video claiming, according to the closing message, to have earned a million. There is no independent verification of this figure. What is evident is the disruption of routine: channels that posted every 48 or 72 hours suddenly went silent just as mud dominated the headlines.
Buying property to rent out is marketed as passive income. When water enters through the door, it becomes a business involving neighbors, damages, and a contract that keeps running.
What happens to a portfolio of rental apartments when water floods a tenant's home? That's the question left hanging when Sergio Iranzo (Invernomics) and Javier Medina (Libre a los 30) stopped publishing. Two channels that posted videos every two to three days went silent for a whole week. Not a single video. And curiosity, naturally, soared.
Two Portfolios and a Geography That Changes Everything
Medina bought in Castellón, not Valencia, so the flood didn't affect his properties. Iranzo did have rental properties in Valencia and, according to accounts, in other towns as well. Allegedly, one of these apartments lost water and electricity, yet the rent continued to be collected. That detail —charging rent for a home without utilities— is what caused the most controversy among those trinc the situation.
The Million-Dollar Video and Passive Income
After the break, one of the channels reappeared with a video claiming, according to the closing message, to have earned a million. There is no independent verification of this figure. What is evident is the disruption of routine: channels that posted every 48 or 72 hours suddenly went silent just as mud dominated the headlines.
Buying property to rent out is marketed as passive income. When water enters through the door, it becomes a business involving neighbors, damages, and a contract that keeps running.
Summary of a discussion on Burbuja.info - Foro de economía, actualidad y política., translated from Spanish and reviewed before publication. Read the full discussion (22 replies).
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