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Updated over 3 years ago,

User Stats

24
Posts
28
Votes
Idris Haroon
  • Investor
  • Dallas, TX
28
Votes |
24
Posts

HELP!!! My financial advisor said I'm over leveraged

Idris Haroon
  • Investor
  • Dallas, TX
Posted

So I just got off the phone with my financial advisor and he said I'm doing well but he's concerned I'm over leveraged on real estate. He's concerned that if we experience another recession that I will be stuck holding the bag for all the mortgages on my rental properties. Is anyone else concerned about this? If so how are you planning ahead to make sure this isn't a problem if we experience another recession and your tenants cant pay rent?

Thanks

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