Quote:
Originally posted by theking
I have a number of rentals...but with the overhead involved (mortgage payments, property taxes, maintinance etc.) there is not a big payoff until properties are paid for. Having said that RE, in my opinion, is a great long term investment.
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I agree that this is a great long term investment. It is what I am looking to get into. Basically if you can even have the rent pay for the expenses, at the end of it all you have a property that someone else paid for, and you can sell. Pretty sweet.