http://www.thedividendguyblog.com/real-estate-as-an-asset-class/ One Guy's Journey to Passive Income Through Dividend Investing Fri, 10 Feb 2012 13:02:29 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.thedividendguyblog.com/real-estate-as-an-asset-class/comment-page-1/#comment-87 Empty Spaces Wed, 05 Oct 2005 06:13:34 +0000 http://thedividendguyblog.com/2005/09/28/real-estate-as-an-asset-class/#comment-87 reading your post made me think I should answer this same question for the readers of my blog. here's my response http://moneyshaker.blogspot.com/2005/10/living-off-dividends-or-how-to-invest.html reading your post made me think I should answer this same question for the readers of my blog.
here’s my response
http://moneyshaker.blogspot.com/2005/10/living-off-dividends-or-how-to-invest.html

]]> http://www.thedividendguyblog.com/real-estate-as-an-asset-class/comment-page-1/#comment-83 The Dividend Guy Fri, 30 Sep 2005 03:40:12 +0000 http://thedividendguyblog.com/2005/09/28/real-estate-as-an-asset-class/#comment-83 I have often thought about purchasing rental properties as a means of generating cash flow. Two things always hold me back: 1) the time it takes to find a really good deal and 2) the fear of having to deal with renters. You never know however....time will tell. I have often thought about purchasing rental properties as a means of generating cash flow. Two things always hold me back: 1) the time it takes to find a really good deal and 2) the fear of having to deal with renters. You never know however….time will tell.

]]> http://www.thedividendguyblog.com/real-estate-as-an-asset-class/comment-page-1/#comment-82 Pagar Thu, 29 Sep 2005 22:28:07 +0000 http://thedividendguyblog.com/2005/09/28/real-estate-as-an-asset-class/#comment-82 I don't think I've done it all, with owning real estate/rental properties, but I've done a few. While in the military, I bought a house at each base I was assigned in the states, except when told I would be assigned base housing with in a short time. I hate to give money to someone else. I once bought a house (that was in excellent condition) for $1000. It had to be moved from property a bank owned. The reason we lost on that deal, was simple, permits were required from both city/county-no one knew what permits etc. Once bought a lot at 6 pm for $2000.Got home and all ready had a phone call from a guy wanting to buy it. Signed papers to buy and papers to sell before 9 pm and made $500 for the effort. Formed a corp, and built 14 houses while working at another full time job. Owned as many as five rental houses at one time. Heard every hard luck story in the world-why someone couldn't pay the rent. The day the doctor told me and my wife that stress caused my heart attack was the day the last three rental houses went on the market. Owning rentals is full time stress, whether you manage yourself or pay to have some one else manage them. There are way easier ways to make money. There is only one way, I can see owning a rental would ever make sense for me again. If one of my grandchildren were mature enough to handle it while they were going to college; I believe there are some tax/college expense type savings that might make it attractive. I've known several people who have done this with college bound children/grandchildren with good results. My recommendation on buying property for investment. Don't I don’t think I’ve done it all, with owning real estate/rental properties, but I’ve done a few.
While in the military, I bought a house at each base I was assigned in the states, except when told I would be assigned base housing with in a short time. I hate to give money to someone else.
I once bought a house (that was
in excellent condition) for $1000. It had
to be moved from property a bank owned.
The reason we lost on that deal, was simple, permits were required from both city/county-no one knew what permits etc.
Once bought a lot at 6 pm for $2000.Got home and all ready had a phone call from a guy wanting to buy it. Signed
papers to buy and papers to sell before
9 pm and made $500 for the effort.
Formed a corp, and built 14 houses
while working at another full time job.
Owned as many as five rental houses
at one time. Heard every hard luck story in the world-why someone couldn’t pay the rent. The day the doctor told me and my wife that stress caused my heart attack was the day the last three rental houses
went on the market. Owning rentals is full time stress, whether you manage yourself or pay to have some one else manage them. There are way easier ways to make money.
There is only one way, I can see owning
a rental would ever make sense for me again. If one of my grandchildren were mature enough to handle it while they were
going to college; I believe there are some tax/college expense type savings that might make it attractive. I’ve known several people who have done this with college bound children/grandchildren with good results.
My recommendation on buying property for investment. Don’t

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