Quote Originally Posted by Hermod View Post
I looked into the economics of becoming a landlord a few years back [[wife hated the stock market and heard that real estate was safe, har-de-har-har).

I backed out of it quickly after a few trips to view apartment buildings.

The tenants all think you are bloodsuckers and that the rents they pay you are "gifts".

Your costs are constantly going up and every increase you have to pass on is a big fight.

Back before the housing crash, the economics of most places was a negative cash flow with the hope of a big capital gain when you sold it [[how did that work out after 2006?)

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How is paying someone elses mortgage not a gift?