Quote:
Originally Posted by biosurfer1
I'd go a step further and say commercial rental properties. After seeing what my co-worker is currently going through with the guy renting her condo, I will NEVER EVER own a residential rental. going on 3+ months of this obvious professional con man squatting in her place and it has cost her $3000+ so far and could be lots more. Any profit she made from the place in the past 3-4 years is long gone now.
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^^This. Friends had a apartment property, too many headaches they said, so they sold it and bought a commercial property in a small beach town across the street from the beach. There's a two bedroom apartment above the stores below they stay in on weekends. Me, I partnered with family in buying a vineyard. Luckily, we've got it leased out on a 30-year lease. Wish I'd followed what my friends did, but we'd probably fight about who got to stay in the apartment.
