Posted by DigiNomad on 12th of Apr 2024 at 01:32 pm
My 1st reaction is to advise people against real estate in
general....especially residential. But, do you know the quickest
way to lose a client, especially if it's a female or a wife
involved? Advise that real estate isn't necessarily the
bullet proof investment it's cracked up to be. Might as well say
that white wedding dresses are inappropriate, drop the mike, and
walk out the door.
All you need to persuade is a few tenant/repair/lawsuit horror
stories to tell. Should convince anyone with a brain. Plus any
homeowner (not me ever again) will tell you how much time/expense
they spend on their own property every weekend/year Then multiply
it.
Posted by DigiNomad on 12th of Apr 2024 at 02:23 pm
The idea that real estate is a great investment is deeply
ingrained in Americans...and probably most modern populations (it
used to not be a thing in Japan so much...for residential RE,
but I believe that has changed). It goes against programming
so people get emotional when real estate investment is mentioned in
a negative way. It's one of our largest industries, all in
(realtors, builders, lenders, Insurers, Title, Lawyers, Home Depot,
Lowes, TILE, etc, etc.). To support the money train, they do
everything they can to keep the dream deeply ingrained in culture
(HGTV, flipping shows, etc).
Posted by rollerblader on 12th of Apr 2024 at 02:42 pm
Real Estate is a decent investment in a landlord friendly state
or provinces. Canada is tenant friendly not landlord friendly.
Tenants have 99% of the rights. They stop paying rent and the
landlord will spend a minimum of 1 year or more tryting to evict.
By that time landlord has lost thousands of dollars plus damage
caused by tenants. And there's no repercussions against the
tenants. Our Canadian government has put the homeless issue on the
backs of struggling landlords.
Posted by breakout on 12th of Apr 2024 at 02:35 pm
BEst rental ever had was managed by a realtor. I sucked at
it...let folks slide too long on rent. Sold that house later to
James Worthy. Still got the down payment copy of check. That was
cool.
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My 1st reaction is to
Drew it when cup formed, see X.... $26 area back ...
Posted by DigiNomad on 12th of Apr 2024 at 01:32 pm
My 1st reaction is to advise people against real estate in general....especially residential. But, do you know the quickest way to lose a client, especially if it's a female or a wife involved? Advise that real estate isn't necessarily the bullet proof investment it's cracked up to be. Might as well say that white wedding dresses are inappropriate, drop the mike, and walk out the door.
All you need to persuade
Posted by brophy on 12th of Apr 2024 at 02:00 pm
All you need to persuade is a few tenant/repair/lawsuit horror stories to tell. Should convince anyone with a brain. Plus any homeowner (not me ever again) will tell you how much time/expense they spend on their own property every weekend/year Then multiply it.
The idea that real estate
Posted by DigiNomad on 12th of Apr 2024 at 02:23 pm
The idea that real estate is a great investment is deeply ingrained in Americans...and probably most modern populations (it used to not be a thing in Japan so much...for residential RE, but I believe that has changed). It goes against programming so people get emotional when real estate investment is mentioned in a negative way. It's one of our largest industries, all in (realtors, builders, lenders, Insurers, Title, Lawyers, Home Depot, Lowes, TILE, etc, etc.). To support the money train, they do everything they can to keep the dream deeply ingrained in culture (HGTV, flipping shows, etc).
Real Estate is a decent
Posted by rollerblader on 12th of Apr 2024 at 02:42 pm
Real Estate is a decent investment in a landlord friendly state or provinces. Canada is tenant friendly not landlord friendly. Tenants have 99% of the rights. They stop paying rent and the landlord will spend a minimum of 1 year or more tryting to evict. By that time landlord has lost thousands of dollars plus damage caused by tenants. And there's no repercussions against the tenants. Our Canadian government has put the homeless issue on the backs of struggling landlords.
SPOT ON!
Posted by kingpin15 on 12th of Apr 2024 at 02:36 pm
SPOT ON!
truedat Digi on people getting
Posted by matt on 12th of Apr 2024 at 02:32 pm
truedat Digi on people getting emotional and rational about real estate if you even mention something negative
BEst rental ever had was
Posted by breakout on 12th of Apr 2024 at 02:35 pm
BEst rental ever had was managed by a realtor. I sucked at it...let folks slide too long on rent. Sold that house later to James Worthy. Still got the down payment copy of check. That was cool.