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first of all I'm talking about european real estate
second, of course, you can buy many properties for rent
but just one? did you include renovation costs? not paying people, and many other thing than can take you attention and money
ofcourse, you can earn some, but imho not worth when you have only one property for rent
not for $60k, its too lees
my and not only my logic is simple, interest rates low = cheap loans = property prices high
current interest rates are the lowest in history, what it means??? when loans go high, properties go down, its simple as hell
why?? because in majority, people buying properties taking loans, not for cash! so cost of loan is the most important factor for real eastate market
so, now, tell me, as now we have historical low interest rates, what is prediction for property prices?
can these interest rates be lower?? can real estate market prices still grow up?
we are on the top of the second big bubble, market, reale state bubble
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