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Re: A Wedding, a wife, a house oh my!!!
Quote:
Originally Posted by skinsguy
Repeat, it is a BAD, BAD move.
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In your mind I have done it now counting the condo I bought in college for over 15 years, made great money on that place, over the entire time. I have two other small investment like that. I have had years where I have lost some money on them due to repairs or low occupancy but in the whole scope of the investment I have made positive dollars.
It is just a risk you personally are not willing to take that doesn't make it a bad idea or bad investment. There are many variables that come into play.
I much rather have those dollars wrapped in them then the current stock market.
I would not recommend it to everyone but I have the cash flow right now to make it a low risk investment.
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Last edited by mredskins; 02-16-2012 at 04:07 PM.
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