Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: lwd; qaz123
"Where do you move to though?" and "And what do you buy after you sell? You then become the buyer in a sellers market who will lose their ass when it cycles down."


The article is about housing as investment property and Blackrock buying houses and renting them out. My post was in that perspective -- as investment property it'd be best to sell it now instead of renting it out. I guess would I should have sent was to then put that money into a diversified investment portfolio. LOL

13 posted on 06/14/2021 12:46:16 PM PDT by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
[ Post Reply | Private Reply | To 9 | View Replies ]


To: Tell It Right
Something about this story doesn't make sense. I have some experience in this area, and I can tell you that detached single-family homes generally aren't very good investments as rental properties.

1. The families that rent them usually have kids, so the maintenance and wear is more extensive than for a home with a single renter or a couple.

2. Your best tenants are the types of people who are ideal homeowners, and those tenants tend not to stay for a long time.

17 posted on 06/14/2021 12:54:43 PM PDT by Alberta's Child ("And once in a night I dreamed you were there; I canceled my flight from going nowhere.")
[ Post Reply | Private Reply | To 13 | View Replies ]

To: Tell It Right

Got it. Makes sense.

And then, when the real estate market crashes, again, buy more rentals at rock bottom prices.


35 posted on 06/14/2021 1:40:28 PM PDT by qaz123
[ Post Reply | Private Reply | To 13 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson