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Updated almost 8 years ago on . Most recent reply
![Ryan Tetter's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/104524/1621417233-avatar-ar_tee.jpg?twic=v1/output=image/cover=128x128&v=2)
Article give good or bad advice?
This article somewhat describes my financial situation and the author is steering the buyers and readers away from real estate.
https://www.wsj.com/articles/couple-owns-a-lot-of-...
Thoughts?
Most Popular Reply
![Brent Coombs's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/270926/1694580895-avatar-brentc5.jpg?twic=v1/output=image/cover=128x128&v=2)
I've got little sympathy for the financial woes of a couple who spend $1,400/m - eating out!
Did the article deliberately leave out the buy price for their Connecticut home? Their London one has obviously done a lot better than the mentioned pro forma 4% appreciation, which will have the effect of skewing the relevance of much of the "Advice from a pro".
And there's something very wrong with being on $200k+/y, and paying $3k/m rent INSTEAD of buying their own primary! More bad advice from that pro? The whole article annoyed me! My 2c.
@Ryan Tetter, welcome to BP. My general advice: sell their/your non-cash flowing ones - now...