OK here’s a question. I’d love to participate in the next housing price re-bound….where else can I get an asset where the bank will leverage 80% of the money and it generates a cash-flow that covers my investment from day one?
But I don’t want to be a landlord – been there done that, it’s a pain in the a**. Every week something goes wrong, every week hassle of fixing this, doing that.
So who can I buy shares in that professionally manages property and where the value of the company increases with the value of the property owned? I want to buy shares in a property management company that is smartly investing as we hit the low point of the cycle, not buy and manage property myself.
