the problem with property investment is it's very hard to cut loss if you made a mistake
and managing tenants is an active investment, not passive like what ppl tell you
What's your worst property purchase?, lots of property woes threads lately
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 Mar 14 2024, 08:44 AM
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Mar 14 2024, 09:24 AM
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QUOTE(icemanfx @ Mar 14 2024, 09:19 AM) Poorperly is illiquid, it could takes months if not years to liquidate. yeap.. and good properties in good locations are expensive.. but better buy expensive than buy wrongleverage amplify profit as well as losses. most of those invested in the last 10 years are under water.  the days of buying under construction prop and flipping for a quick gain are over. Cavatzu liked this post
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Mar 14 2024, 09:25 AM
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double post
This post has been edited by watzisname: Mar 14 2024, 09:25 AM |
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