LogFAQs > #943613886

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, DB5, DB6, Database 7 ( 07.18.2020-02.18.2021 ), DB8, DB9, DB10, DB11, DB12, Clear
Topic List
Page List: 1
TopicWhy aren't you guys investing into real estate?
Austin_Era_II
08/20/20 1:51:59 PM
#47:


As I said don't keep all your eggs in one basket. Buy 2 or 3 homes. And don't just buy in one specific area especially due to natural disasters.

USD typically is stronger than other countries. Look into decent first world nations and buy a house there. Like I said East Coast here in Canada is pretty cheap. So are some other places in Ontario. I won't buy in Cali.

I know a guy here in cottage country who I worked with he has 6 or 7 places which he rents out.

If you buy a house in decent shape landlord issues are rare. You may get minor things and you can call a local handyman to check it out to fix or replace an appliance. Replace the appliance with a used one. Tenants can cut the grass and shovel snow.

---
Currently playing: God of War III
MCMLXXXV
... Copied to Clipboard!
Topic List
Page List: 1