Sumdumguy: I dont agree that houses are assets. For a typical couple buying a house on a 25 year mortgage, the interest costs over the 25 yrs will be about the same as the original principal value. So your house has to double in value before you make any money on your investment. Plus you have to account for property taxes and maintenance costs.
Buying cheap rentals suites probably was a wise purchase, but have you ever had to deal with renters? Nightmare!
Buying cheap rentals suites probably was a wise purchase, but have you ever had to deal with renters? Nightmare!
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