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Updated over 6 years ago, 07/14/2018

User Stats

60
Posts
5
Votes
Mike Jordan
  • Los Angeles, CA
5
Votes |
60
Posts

No to real estate investment

Mike Jordan
  • Los Angeles, CA
Posted

No to real estate investment for the timebeing for me at least ( temporary)

Because I already invested and I want to see how the market is doing, I want to learn more, networking.

I am against real estate gurus who says invest in big amount and leave your job bla bla bpa, first when you invest in big amount and you do have cash the interest rate will be huge and this decrease your profit and yield/ cap , also high yield mean high risk second real estate as any business have good time and bad time so leaving your sustainable job and depends mainly on real estate investment is quite risky method, if one could generate double or triple his income real estate this is something else, I don't think typical person could rich quickly without high risk

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