Sean Moen 1) You will pay state tax on income you earn from rentals in Oregon. 2) Salem to Roseburg areas are depressed from what I hear.

@Chang MaengI guess I would ask are they currently purchasing as investments or did they pick them up a few years ago when the market was very depressed .

I'm wondering if the region is economically depressed or something.

Depressed areas like to take away money from affluent areas to redistribute wealth.

A few months ago, he had some health problems but more so, he was very depressed and having a hard time getting himself to go to work.

Greetings;My wife and I relocated to a small Maine town. There are about 3000 people in town. We are new to REI but can buy a 3 unit rental for less than 60k that immediately provides cash flow of about 600/mth. Maybe...

This sounds like a case of one depressed individual, not an epidemic.

The people who I see do well there by when the market is very depressed and hold on for awhile.

I loved the choices individually but gray is a depressing color and you almost need bright orange or neon green accents to perk it up if you have too much.

.- When you own the property, it doesn't lose all of its value like a stock investment in a company can- It is an inflation hedge (my understanding is that the only main general investments in the Great Depression that held their value beginning to end, were gold, real estate and TBonds).- You build equity (paying off mortgages), - It is a better leveraged investment than things like commodities trading.- As others said, I believe most average people's wealth came through real estate (and perhaps their own business, which this is also)