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RE: The Myth About Real Estate

in LeoFinance3 years ago

Real estate keeps requiring property tax payments, and periodic renovations and improvements, therefore perennially requiring cash infusions. Not counting mortgages. IF they provide income they can be quite lucrative but I find many people insist on 1 family homes which means they will never be able to retire in that house, they will end up in a 50+ in Florida most likely.

Stocks/crypto on the other hand once you own them, they require no additional cash infusions. And often can provide income, that's why I prefer stocks/crypto/bonds to real estate.