Is rental properties a good way to build income over time to survive a fiat

M

MreT

Member
money system?
i got enough capital to put 50 to 70% down. 3k course is crap lol.
I dont expect to make a million in a year lol.
 
S

Spocktrhpt

Member
only if you learn the business and do it right.

like any other, renting properties is a business. It's going to take you thousands of hours of very serious work with corrective feedback to learn to do it right if you're starting from nowhere.

and no -- that $3,000 seminar/program probably won't shortcut you to success in the business.
 
N

nojam75

New member
It depends on your local economy and housing demand. Rental income is only dependable if there is a growing population and diverse employers/industries. Your income will probably flatten out over time as there is only so much money you can charge for rent -- even if you make substantial re-investments. If you live in the same area as your rentals, rising rental rates may be offset by your own cost of living expenses.

Overall, property is considered a safer investment. Of course if the 'fiat money system' collapses, there is no reason to believe property rights will survive either. A paper property title is just a worthless as paper money if there is no government to enforce it.
 
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