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Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,841
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When I recently told a friend about one investment we made, his response was that I should buy a rental house. Having done that some decades back, I told him I'd rather be eaten by a goat and krapped over a cliff than ever be a landlord again.
The only real property I'm interested in is the property I live on.
But to each his own. I have another friend who enjoys the full time job of managing and caring for his 32 residential rentals. Some homes, some multi unit. He's 76 now, and it's a full time job. I pity him, for his time really isn't his own.
Tabby, you may be right about your doomsday scenario. Why should I worry? At age 73, I've had a good life. Not that many years to worry about a doomsday. Now, why discourage this young man?
You know..just maybe..you could be wrong.
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent."
-Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.)
Last edited by pwd72s; 09-04-2017 at 12:34 AM..
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