why mortgage a property in monopoly

Why should you mortgage a property in monoply? 

What are we going to talk about today?we're going to talk about mortgaging a very, important part of monopoly.

Advantage of mortgaging a property in monopoly

One advantage to mortgaging when you get a property,you get the money for it,right?that's one thing you want to be able to do.it's a way to raise cash quickly.

now if you have houses and you have a monopoly,and you want to build,you want to get to that third house.that is the key,don't rush to hotels but you want to get to three houses.

don't have enough money,flip the properties upside down.

collect the money,put it immediately into houses as soon as you can.don't worry about collecting twenty five dollars on a railroad,fifty dollars on two rare houses,worry about that.

We went upside down get the one hundred dollars, pump it right away into houses.so that's one thing you can do with mortgage properties.

what else can you do with mortgage properties?you can sell them,you don't sell them to the bank but you can sell them to other players.so mid game,close to the end game you need more money.

you need more money to be able to afford if you land on other houses you need more money so that you can pump them into your own houses.so one thing i like to do is i like to sell off my mortgage properties.

now that not really worth much because they're mortgaged,so if somebody lands on them they don't pay you,they don't pay the bank but sometimes owners and other property owners they really want.

additional properties,maybe they want a second set of monopolies.one set is enough,you don't need to build on two,you pump up all your houses into one set,you'll win the game.there's no doubt about that.

but some less sophisticated players may want your additional properties,and you sell it to them.look,this is the third piece to your monopoly.take this mortgage piece of junk from me.

give me anything for it.that's the bottom line.if it's a mortgage reading railroad,what is it worth is worth basically zero.i mean,it's a free spot on the board.if somebody lands on it.

somebody else may value it more,fifty dollars,forty dollars,thirty dollars.anything.just get rid of that mortgage property.so you get the cash.

now,you only want to do this if you are in the mid game to endgame of your early in the game.of course,do not do this,but when your cash strapped and you really need that extra.

put that extra on that house so that they land on it when you have three houses,go for it.so to conclude, mortgaging

 Ways to maximize mortgaging

one,you flip,you flip the property upside down,you collect the cash early in the game,in two,when you have it already flipped over and it's already mortgage.sell it to another owner.

for half or a quarter of the face of valley,you get whatever you can for it.take that money,but it didn't put it into your houses or take that money and hold on to it so you can pay off your debts at a later time