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what do y'all think about real estate investment. basically

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Thread images: 2

File: raining-money.jpg (2MB, 3393x2361px) Image search: [Google]
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what do y'all think about real estate investment.

basically buy a property, tenants pay rent, mortgage and expenses are covered, equity is built, and you keep the leftovers.

If done right, your getting $$$$$ all day
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Holy Shit! That's smart.
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File: Dollar Bill.jpg (353KB, 1398x1398px) Image search: [Google]
Dollar Bill.jpg
353KB, 1398x1398px
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>>1448985
It's a good idea... in paper, wouldn't call it smart through.
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>>1448989
No. Sarcasm is a good idea.
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>>1448989
why do you think that?
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>>1448989
Its an excellent idea, what matters is its execution.
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>>1448924
Why is this guy posting like he's the first person to think of it? It's almost like we don't have multiple daily threads about the exact same topic.
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Hey guys I have this great idea, buy a dividend paying stock, it pays out dividend, and you keep leftovers.

If done right, your getting $$$$$ all day
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>>1449036
Fuckin noob, its all about execution
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>>1449028

This. We discuss this at least once a day here.

Your returns will be shit until you at least pay off your mortgage. If OP is serious / really thinking about this then he should at least build a model in excel to project future cash flows with everything baked into it (taxes, expenses, vacancy, etc.) and find out how much risk he will be taking.
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>>1448924
My first house is quite modest but in a great area. I have been living in it for two years now. Plan to rent it out once/if im ready to move to something a little bigger for a family. When i retire i see ot being my winter home as it is located in a tropical climate
Thread posts: 12
Thread images: 2


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