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Should I rely on rental property for retirement?

Should I rely on rental property for retirement?

Adam Steinberger Mar 1, 2013 @sam Carpenter The above question is mine. I`m finding it very difficult to come out ahead with that much cash flow. I`m buying medium income houses (around 70-80,000) and renting them around $600 a month. I also do 15 year Morgages to pay them off faster. Is there a better approach?


sam carpenter Mar 1, 2013 Personally, as a real estate broker who has invested and come out on top, I would sell the properties mentioned. They simply don`t make enough money. Then I would look for something with a much higher projected income, at least 25% return.






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You will not sell in two years for 200k - Cooleridge | Jan 29, 2013 11:24 AM ET "Huge demand as the Obama economy is creating massive wealth" Is this a joke? I voted for Obama but "...massive wealth?" I don`t think so. BTW, You overpaid. Whe... - by Cheap5p

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After What has happened to Me personally, I will Never Buy a House again....Thank You Bank Of America for Ruining My Life 33

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Should I rely on rental property for retirement?

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