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2016-02-06 01:49:43 Post No. 1079682
Post No. 1079682
How does one make serious cash flow off of real estate? If I purchase a $100k condo and rent it for $1000/month, I only make say $500/mo on average after taxes, HOA fees, maintenance, and on top of all that I'll need to do marketing and other legwork, all that for just 6% ROI, and that is assuming 100% occupancy. How does that compare to just throwing $100k into a low cost ETF that follows the market or REITs which requires no effort from my end? What am I missing?