As discussed, everybody's investment/living style is different. I hear from people who have rental properties that it is very bothersome because of the need to provide the upkeep (albeit you can hire a company that would "eat" into your income). That said, right now it is not very economical as well because income from rentals is roughly equal to what you get from a money market fund, while doing absolutely nothing and having virtually no risk. Canadian real estate has been appreciating for decades, though, so maybe this is a plus in your particular case. However, my personal opinion is that RE is vastly overpriced around here, so I cannot take this risk. I routinely see $$1.5-2 mil houses which I think should be more like $500-700K in value at most.
Renting can be nice. It only takes one bad renter or squatters to give you a really bad time though.
Exactly …
For in Belgium it’s almost impossible to get that renter out of the place as well…
With renting out a place it only becomes a good thing when the place appreciates in value overtime.
Otherwise with a good renter and no broken things you can have an extra income but still there are plenty of downsides as well… most of the time when the place appreciates in value and the renter is a good one then it’s a good thing.
). Nike footwear on the other hand is just overpriced garbage.
