claytonious
Clay
claytonious

logline gets it. I have rental properties and my tenants rent pays ALL the expenses, plus puts money in my pocket at the end of the month, and pays down my mortgages, and allows me to cash out when the value of the properties rise. If the properties rise 3% in value, I make at least 15% on my money, just from

To everybody renting: Do you think your landlord is loosing money by renting the house to you? Owning rental houses is hard work and if the returns were worse than the stock market then the landlords would simply sell their properties. I own several rental properties, and my return on investment blows the stock market

Eric, your understanding of returns from real estate is completely flawed. You don't account for the fact that almost everybody uses leverage (a mortgage) when they buy a house. It may be true that real estate only appreciates by 2-3% a year, however your return on investment can be much higher than that. For instance