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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: damainman who wrote (60245)8/19/2006 12:22:46 PM
From: Live2SailRead Replies (1) | Respond to of 306849
 
For 2M, you could one 1.5 houses in CA or 17 in TX. Some people think that being a distant landlord is a glamorous life, I guess. The potential cash flow with 17 homes is better than 1.5 home in CA, but so are the headaches.



To: damainman who wrote (60245)8/19/2006 12:57:15 PM
From: John VosillaRespond to of 306849
 
You can never compare solid tangible cash flowing real estate to penny stocks. Yes ,the headaches can be quite significant for those not prepared for it.

But in the end what is a bigger headache? A couple of problem deadbeat tenants or losing it all when stocks crash and burn to zero? Played em both a long time and I can tell you getting destroyed in the stock market is a thousand times worse. Yes many now will lose it all this coming coastal RE crash and have similar headaches<g>.