Quote:
Originally Posted by raamcruise
When you buy property you are taking money out of your liquid financial assets – stocks, bonds, CDs – and investing it into a very illiquid asset – real estate. You were earning a rate of return on your financial assets, such as 4 percent or 6 percent, and you should strive to earn a fair cash-on-cash rate of return on your real estate
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True that it is not as liquid assets but it does give good returns. The only thing is it is for a long-term and so one needs to keep that in mind and then only invest in real estate. It is not for those people who intend to get quick cash in exchange.
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