Why 95%的地主都要死得很惨?

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?

 

所有跟帖： 

• a law suit may wipeout everything. -qiaoshe- ♀ (0 bytes) () 02/01/2013 postreply 17:54:06

• I thought there should be a landlord insurance to cover at lease -哥俩喝一壶- ♂ (66 bytes) () 02/01/2013 postreply 18:01:02

• landlord insurance to cover at lease 0.5 M liability -哥俩喝一壶- ♂ (0 bytes) () 02/01/2013 postreply 18:01:34

• 0.5 M is too low。Mine 2/4M。 -sweetptt- ♂ (0 bytes) () 02/01/2013 postreply 18:41:08

• Mine is 4 billion -fresh_choice- ♀ (0 bytes) () 02/01/2013 postreply 23:25:53

• who says every house will double in price in 30 years? could -gqc- ♀ (27 bytes) () 02/02/2013 postreply 11:33:14