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Posted by Tim (more from Tim) on Mon, 22 Oct 2012 18:55:45
In Reply to: Good things can happen to people who work hard., DougM [Profile/Gallery]
, Mon, 22 Oct 2012 14:03:06
You have excellent timing, both times around. 20+% rental yield makes the purchase quite worthwhile, especially since you already have 14years of rental property management experience under your belt. You are absolutely correct, it certainly beats passive wealth building a la stock market participation in the forseeable future. You will be providing a valuable service to your tenants without Wall Street intermediaries getting in the way and taking their slices left and right.
posted by 75.69.1...
Posts in this Thread:
- Good things can happen to people who work hard., DougM , Mon, 22 Oct 2012 14:03:06
- Re: Good things can happen to people who work hard., turbocon86, Tue, 23 Oct 2012 07:48:40
- wow, SRS900S, Mon, 22 Oct 2012 21:51:13
- Pay down the loan with some of the profit..., Mark from Toronto, Mon, 22 Oct 2012 20:26:43
- A very good deal, RS , Mon, 22 Oct 2012 19:06:36
- Congratulations, Tim, Mon, 22 Oct 2012 18:55:45 <-- Viewing This Message
- Congratulations!, MI-Roger , Mon, 22 Oct 2012 16:23:50
- Re: Good things can happen to people who work hard., NCCaniac , Mon, 22 Oct 2012 14:30:10
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