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Family for 30 years in rental property business. Anything which involves rent is by far not risk free. Very cycle driven, heavy on litigation and management ha
by timavr 8y ago
Family for 30 years in rental property business.
Anything which involves rent is by far not risk free. Very cycle driven, heavy on litigation and management has to be perfect to make returns.
- jedberg 8y agoI’ve been doing real estate for about 25 years and haven’t seen much risk at all. Biggest risks have been vacancy and maintenance. Vacancy is solved by setting the right rent and maintenance is a 10% reserve fund. Also I said “almost risk free”. :)
- kgwgk 8y agoI don’t know what country you are talking about, but in many places there was a huge decline in real estate prices one decade ago. That would seem a big risk...