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by akg_67
4434 days ago
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Agree with you. There is nothing passive about becoming real estate landlord. Property management firms can manage only so much and cost a lot. They will come to you for most big expenses and decisions. Unless you have lot of rentals, property management firms tend to be expensive and you barely break-even on one or two properties. Another issue with rental real-estate is squatting and defacing of the property if your property stays vacant for a month or two and not in good shape. From passive income aspect, it is better to invest in REITs to get exposure to real-estate or join property management/ real-estate partnerships as LP/GP. |
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