Why 95%的地主都要死得很惨?

来源: 2013-02-01 17:41:03 [旧帖] [给我悄悄话] 本文已被阅读:

Assuming I got  300K house, even the cash flow not that good, but still can cover interest+tax+HOA+what ever, then after 30 years:

1. The house should be double the price to 600K

2. All paid off by the rent money

3.  I will have monthly small cash flow

if i have 5 houses like this, it will be 3M in total expected value when I retire. 

This will be a good part of my retirement portfolio (1/3).

Of course, you have to deal with the headache of being landlord.

Anything worng with this projection?