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Updated almost 5 years ago on . Most recent reply
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Rental Properties are NOT good Investment???
As a real estate investor, it is common to get criticized for investing in real estate versus putting every penny in the stock market (especially from financial planners who want that trade commission/fee). Below is a link to an article written by a web-based financial firm I personally invest with that states that rental properties are poor investments. While every investment possesses its inherent risks, I believe the article fails to address the many advantages of owning real estate, including mortgage interest deductions, possible income off-sets resulting from depreciation, and accelerated growth potential when employing leverage. I would love to hear your perspective on other advantages afforded to real estate investors versus someone who invests 100% in stocks and bonds.
https://blog.wealthfront.com/why-rental-properties-are-not-good-investments/
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I find it interesting that the author uses one of the worst examples of real estate investing to prove his point. For example, let’s use this half million dollar condo. See you can’t make money investing in real estate. A clear sign that he doesn’t know anything about investing in real estate. I was hoping for a comment section but no joy.