[quote=flu][quote=scaredyclassic]If $100 a mo. Gets you this upset maybe it’s time to sell just because the investment is too irritating.[/quote]
That is a good point too….
But 5% return cash on cash wouldn’t be *that* bad considering a CD is what, 1%? Which brings back it back to the original point.
$100 to jeopardize a nice steady, stable tenant…. Imho not worth it.[/quote]
This is just a data point but jumbo CD’s thru online banks are paying ~2.3% for 5 years and require no maintenance or worry whatsoever. Up to $250K per named owner per bank, of course, in order to fall under the FDIC limits. You can always ladder them thru various banks.
I understand that rentals offer the possibility of higher cash flow and potential appreciation. But there are so many variables that can easily derail those best-case scenarios that, for many people, it doesn’t make sense to go thru the motions and put up with the headaches.
