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Real Estate
Reply to "Why do people sell their houses?"
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[quote=Anonymous]I don't understand people who hold onto houses. Especially multiple houses. It can make some financial sense but it can also be very burdensome. My dad owned multiple properties when I was growing up, and it paid off financially but I really don't know that it was worth the headaches of dealing with bad tenants, dealing with bad neighbors of the rental properties, dealing with local landlord laws, plus all the stuff that can go wrong with maintenance and upkeep. Even if you hire a management company, they aren't always as good as you hope and it diminishes your profit. It's a no for me. There are other ways to invest my money.[/quote]
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