Rental Income - Realistic Info & Specifics Wanted

[cobraboy]

If you have to have rental income to afford to buy it, you really cannot afford it.

Absentee landlordism is nearly always guaranteed to bring some significant drama and financial heartburn sooner or later.

[drloca]

Originally Posted by AK74

Just very politely - how old are you? So that you speak with this much confidence about your returns in three-four-etc years ahead. Can you at least guarantee that you will live that much?

The reason for the question was my talk two days ago with a almost 80 y.o. american expat who still talks about short-term, mid-term and LONG-TERM investments.

I love those guys! Untill their last breath they keep talking only about making more and more and more money. Even women!
Beautiful!

Last I checked only the good Lord knows how long each of us mere mortals has on this beautiful earth.

[Robert]

Originally Posted by Dre Broeders

My name is Dre Broeders.
I am doing this JOB.

LINK REMOVED.

My name is Robert and we sell advertising here on DR1.

Feel free to PM me for rates

[KeithF]

Originally Posted by AK74

Just very politely - how old are you? So that you speak with this much confidence about your returns in three-four-etc years ahead. Can you at least guarantee that you will live that much?

The reason for the question was my talk two days ago with a almost 80 y.o. american expat who still talks about short-term, mid-term and LONG-TERM investments.

I love those guys! Untill their last breath they keep talking only about making more and more and more money. Even women!
Beautiful!

Well, as you asked politely, I'm 42 yrs old, so I'm hoping that it's worth my while talking of along term investment! As I mentioned earlier in the thread, this is being bought instead of a pension. I've swapped jobs a few times, so my pension provision is poor. I'm now at a stage where I either stick loads of cash into a pension to play 'catch up', work till I drop to get by on what I have in place or do something else. With pension plans looking increasingly dodgy, I decided that property was the best way forwards, so what I pay out monthly is what I'd have to stick away anyway. And if it screws up, it does so because I've made bad choices. If a pension plan screws up, it's because other people made bad choices for me.

Besides, the experience of buying in DR has been worthwhile, even when it's been tough.

[AK74]

Originally Posted by KeithF

Well, as you asked politely, I'm 42 yrs old, so I'm hoping that it's worth my while talking of along term investment! As I mentioned earlier in the thread, this is being bought instead of a pension. I've swapped jobs a few times, so my pension provision is poor. I'm now at a stage where I either stick loads of cash into a pension to play 'catch up', work till I drop to get by on what I have in place or do something else. With pension plans looking increasingly dodgy, I decided that property was the best way forwards, so what I pay out monthly is what I'd have to stick away anyway. And if it screws up, it does so because I've made bad choices. If a pension plan screws up, it's because other people made bad choices for me.

Besides, the experience of buying in DR has been worthwhile, even when it's been tough.

First of all, thank you for not being offended with my very innocent and respectful question, like some more paranoidal DR1 members would be!

Of course 42 is a great prime time to invest in RE in any country as due to young age you will be able to survive any possible market ups and downs without major stress.

However I am truly shocked to see sometimes 60+ y. olders passionately and emotionally discussing "investments" instead of trying to make their last and best 7-10 sunset years as much comfortable, luxurious, sexfull and stress and worry free as possible.

Looks like nobody ever teached them to LIVE. Peacefully, creatively and spiritually.