Question:

Do I have to get deeply involved if I invest in real estate?

by Guest729  |  7 years, 2 month(s) ago

0 LIKES UnLike

Do I have to get deeply involved if I invest in real estate?

 Tags: deeply, estate, invest, involved, real

   Report

1 ANSWERS

  1. Guest729

     No! Real estate is only the vehicle for building wealth – a means to an end and not the end itself. The great thing about property investment is that you can do as little or as much as you want to. You can do all the maintenance and bookwork yourself, or you can employ someone to do it all for you. The returns from property can be so great that you can afford to pay to have all those things done that you don't like doing or don't have time for – they're tax deductible anyway. A good property manager helps and he can do most things from paying the rates to arranging for the shower to be fixed or making insurance claims if necessary. The degree of involvement is entirely up to you. While doing everything yourself can increase your overall returns, weigh up the real cost in terms of family life and your peace of mind.

Question Stats

Latest activity: 7 years, 2 month(s) ago.
This question has been viewed 537 time(s) and has 1 answer(s).

BECOME A GUIDE

Share your knowledge and help people by answering questions.