Things they forgot to mention:
-Interest rate risk
-Risks associated with being a landlord
-Risk of asset depreciation combined with leverage
I'm not against people buying houses, and/or investing in real estate but this article reads like a cheesy infomercial.
1 comment:
As an investor (and now as a Realtor), these articles drive me nuts. I do happen to think real estate is a great investment, however you're right, those are cheezy crap ads, just to fill space.
I do see decent returns with no appreciation, just based on positive cash flow and mortgage pay-down though.
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