Comments on: Real Estate Investment Economics

By: Mike Farmer

Mike Farmer — Mon, 24 Mar 2008 20:39:27 +0000

Thanks for the comments:

Michael, yes, slum lording is a poor investment choice. It’s much better to add value.

Villas — it depends on your time and stategy — if you have the time to be a hands on manager, it saves money and you know what’s going on. If you have a lot of investments and managing them is overwhelming and leaves you little time to continue investing, then it might be best to hire a property manager.

Thanks, Jaxson.

By: Jaxson - Vernal Real Estate

Jaxson - Vernal Real Estate — Mon, 24 Mar 2008 20:30:42 +0000

Great article, I just discovered this site and cant wait to read more.

By: Phuket Villas

Phuket Villas — Mon, 24 Mar 2008 19:59:08 +0000

Some great points, property like any (medium/long term) investment needs to be nurtured.

Do you have any opinions on using management companies to maintain the property for you or would you shy away from that expense altogether?

By: Real Estate Investment Economics | The Long List of Odysseus Medal Nominees | Realtors and real estate, mortgages, lending, investments

Sun, 23 Mar 2008 18:32:10 +0000

[...] Real Estate Investment Economics, by Mike Farmer. [...]

By: Michael

Michael — Sun, 23 Mar 2008 18:12:07 +0000

I like your points about taking pride in your properties and keeping them up. I hate to see people buy a property and just let it deteriorate year after year w/o doing any preventive maintenance. Good post!