my 2 cents

I can tell you what va_landlord said is true. From all the feedbacks, we can feel that there are many people who either did not know the complete idea of real estate investment or lack of the spirit of risk. Instead of learning from the other people, they expressed their doubts. And the purpose they did like that was not for reminding or warning the people but to give themselves the excuse. Investment is not 100% secured. But more study can decrease your risk. I have 2 apartments, 2 deplexs and 7 single houses. And all of them I paid 20% down. At one time I could not get the decent rate for the apartment, I refinanced my first mortgage and borrowed the money from my credit cards to pay it off. Look around you, how many people have the same capability as va_landlord to do the real estate investment but how many people actually did it.

You do need to have some spree money and spend time to find good targets. Right now if you invest to SFH, it's impossible to keep the positive cash flow. But for the long term SFH appreciates more than condos. Like people said you don't put all the money into one basket, you don't invest the same type of houses and also don't buy at the same area for all your investment.

Just my 2 cents.

所有跟帖： 

• You mean not investing in the same metro area? -ilovenyc- ♂ (178 bytes) () 12/14/2006 postreply 08:13:19

• 回复：You mean not investing in the same metro area? -zhao123- ♀ (438 bytes) () 12/14/2006 postreply 09:04:55