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Re: swampboots post# 2620

Monday, 04/04/2016 6:58:44 PM

Monday, April 04, 2016 6:58:44 PM

Post# of 2684
Ouch. That sounds as painful as being a direct hands on landlord. I divested single family last year and am back to scrounging for cheapo micros again. Retirement is 'delayed' as always, starting to wonder what it is anyway. :P

We definitely timed the 'bottom' on real estate as far as looking for rentals back in late 2011-2012. The rates of return were/are tremendous in % terms on a little condo I picked up end of 2011. Not much invested but wish I'd bought a bunch of those little condos of course in hindsight. It all gets taken care of by property mngmnt and they've raised rental rates fairly consistently no pain but has gain.

I don't mind stealing bread from the mouths of decadence... But I can't feed on the powerless when my cup's already overfilled.
-Temple of the Dog

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