Investing in Precious Metals 101 Ad

maintenance

  • Sun, Mar 11, 2012 - 05:32pm

    #2
    Doug

    Doug

    Status Platinum Member (Offline)

    Joined: Oct 01 2008

    Posts: 1364

    count placeholder

    maintenance

Your choice is, of course, your own, but one thing that always occurs to me is that PMs are maintenance free.  Having lived in student apts back in the day and later owning rental property, I can say without equivocation that I hate being responsible for apt maintenance, particularly when the renters don’t care as much for your property as you do.  If you don’t mind calls in the middle of the night, or repair jobs on weekends when you would rather be doing something else, then go for it.  I know a lot of people who have made a lot of money with the kind of rentals you suggest.  I’m not one of them, and that’s just fine with me.

Doug