QUOTE(cherroy @ Dec 5 2006, 10:55 PM)
Talking like this mean that, he/she has no idea of what mean for investment and risk behind. Every investment has its risk, high or low only. Even you own a property and rent it out, you still carrying the risk, not risk free as claimed.
Eg.
Unable to collect the rental (not that unusual)
House being destroyed by disaster.
Property depreciation, although not that common but it did actually happens especially during recession or wrong strategic location.
Cherroy,Eg.
Unable to collect the rental (not that unusual)
House being destroyed by disaster.
Property depreciation, although not that common but it did actually happens especially during recession or wrong strategic location.
My mother has one of the worst case scenario in term of rental
1) Unable to collect rent
2) The renter DID not pay electricity and water
3) TNB did not cut the electricity.
So, besides NOT making money. She lost a few thousands in paying back electric bills.
Dreamer
Dec 6 2006, 11:49 PM
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