Many of these are managed by a good agent. I answer 1 email per week pretty much, the effort is minuscule. Leverage was the thing which made the numbers attra

Many of these are managed by a good agent. I answer 1 email per week pretty much, the effort is minuscule. Leverage was the thing which made the numbers attractive. Example numbers in the UK for instance £50k deposit, £200k purchase price, £150k mortgage @ 2%, £12k per year rent = 18% gross yield (£9k return on your £50k cash in.). Before capital gains. Imagine if you have £200k for 4 deposits then you could even be financially independent if your costs are low. It has been a very easy path to wealth. With interest rates rising then the whole dynamic changes, but it has been an extraordinarily profitable and easy play for almost 20 years.