Quote:
Originally Posted by CurrentlySober
Alternatively, owning the home 100% means that you can fuck off whenever you choose and if you rent it out while you are away, you have a regular monthly income to fund your adventures elsewhere  |
This is true, but not 100% as easy as it sounds. There is also a certain amount of risk involved with that like will the renter pay the rent while you are off fucking around, will they fuck shit up.. Will the AC unit go out and you get hosed by a repairman because you aren't there.. ect..ect..
IMO, that's still a lot of hassle for not a lot of extra money after you run into the common issues landlords run into. Unless of course you are renting out several income properties and letting a property management company run it for you. However that all comes with big expenses and to get to that point requires lots of debt or being independently wealthy and if you have that kind of money why bother with the hassles, just to fund going off and fucking about... There are much cheaper ways to make money than real estate.
