Landlording is a job...

Invest in RE is buying yourself a job... 2009-01-31 07:35:52

anyone that is in RE longer than 10 years should already know the growth pain, when you first started, only few units on hand, you do everything yourself, 90% of RE investor quit at this stage, but as you grow to 30 or more units, you can afford to have full time helps, bank will look at you in a better way, then your job become a bit easier, but compare to putting money in CD or I-bond, it still is a hard job, and requires patient and consistency over long period of time.

I never encourage people invest in RE blindly, I always tell them to think not only twice but three times before they do, I had post here many times to discourage people to chase high appreciation on RE investing, but RE's 四重魔力 is definitely there, it just take a long long time for you to know it, 8% return on CD or I-bond maybe great but will never make you financially free.

I believe all the people comes to this forum are highly educated, and I bed most of you are MS or PHD or even higher, but how many are you working at a dead end job that you hate and worry about lay off tomorrow? I am glad I never have to worry about it.
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所有跟帖： 

• 我觉得最最最最重要的一点是买的便宜, 其它是次要的. 买的便宜就行了一大半. -小糊涂仙儿- ♀ (0 bytes) () 12/21/2011 postreply 19:50:02

• 我的RE投资模式, 绝对不偏离的 -黎明新生- ♀ (151 bytes) () 12/21/2011 postreply 20:47:35

• good point -planotx- ♂ (0 bytes) () 12/21/2011 postreply 20:50:22