02-01-2022, 11:33 PM
Bill in NC wrote:
[quote=mrbigstuff]
What advice would those of you who have invested in a residential property offer for advice in terms of financing. Down payments, loans, etc.
Not to take away from your tales of woe about tenants, maintenance, etc. but feel free to pontificate!
Directly held residential real estate?
It's a second job.
It's also riskier than before given the recent history of 18+ month rent moratoriums.
And, the number of people who are unabashedly pushing "Rent caps" and "rent freezes" for "evil landlords".
I'd think very carefully before buying a rental property in this (historic high priced) market... Not saying "don't", but, I'd be very, very, wary.