Getting Real About Real Estate
Things that are great in this story: first, getting a reasonably sized inheritance is a great idea, and something I suggest we all do if we can possibly manage it. Second, investing in real estate is widely considered to be a solid choice. It won’t work out every time, but there’s a lot of potential there.
Things that are not great in this story: buying an investment property in a city you are nowhere near. Being a landlord is already not the easiest thing in the world, and unless you find an amazing property manager, trying to be a landlord from another city could be really impossibly hard.
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