Quote:
Originally Posted by wildthing
Let's say you take it out now. If we take the 2009-2019 average rate of return of the longest bull run in recent memory, it's about 15%. The average long term is about 10%. Assume you have 10 years until you need the money.
If you put your money into your rental, will it return 10%, rental + appreciation?
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No, I’m sure it wouldn’t. 5-7% most likely. My thoughts are, in these uncharted waters we are experiencing I’m concerned my tenants will be laid off or just stop paying the rent. This is a townhouse in Walnut Creek,a City in the S.F. Bay Area. They are in a shelter in place order(?) Ihave two vacancies in another building nearby and have already experienced people calling to look but then backing out because of being afraid to go out. Strange times indeed.