Originally Posted by
tonytiger55
Blimey...what did I open up with this thread. lol
Im sure rentals has its issues. Im also trying to look at it from the perspective of immigrants, particularly in the east Indian community. My parents in the UK had a rental. They bought in a bad time. It paid off in the long term.
Here its some of the same issue, some of the immigrants don't know investments or the S&P 500. What they do know is brick and mortar. I know people who just buy a second property and let the tenants pay off the mortgage. Not so much of the property gaining value, but more a place to park money for the long term and the leverage it gives.
Im curious how they are doing it.
I get property has not gained in value. But having it balance with money being so cheap to borrow, has it really decreased that much?
Would you do it all again, or just invest in the S&P 500?