UnThreaded | Threaded | Whole Thread (29) | Ignore Thread Prev | Next
Author: pauleckler Big funky green star, 20000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75340  
Subject: Re: Probably just a stupid question... Date: 12/18/2011 2:01 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Rental property is a business and one that you need to learn to be successful.

If you buy them right, hold them long term, pay off the mortgage, get good tenants and maintain them it can be excellent. In the right location, rent can rise with inflation (much like common stocks with a history of increasing their dividend). Overtime, your income and return on investment can be very attractive.

Perhaps low real estate prices presents an opportunity to buy and get good returns when the economy recovers. But generally, it seems to be a long term business. Getting rich quick is not easy.

Some say college towns are a great place to invest. You can get students to do maintenance and manage the property and you have a steady supply of tenants.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (29) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Post of the Day:
Value Hounds

Medallion Financial: TAXI!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement