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Debbie Reynolds, C21 Platinum Properties, The Dedicated Clarksville TN Realtor-(931)320-6730 (Platinum Properties- (931)771-9070)

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Rainmaker
1,245,039
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

It can be great for income. However, the return on the investment has to be better than more liquid investments.

With all time low interest rate to put savings in the bank owning a CD live on interest has not worked for all of us.

May 07, 2015 12:17 PM
Rainmaker
2,391,830
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

I would tell them to add a rental property to their retirement portfolio based on the strength of the rental income rather than the potential appreciation they might receive from the property. 

May 07, 2015 11:54 AM
Rainmaker
443,220
Cindy Davis
SD Home Source Realty - San Diego, CA

Not necessarily. Someone could have a nice portfolio of stocks, bonds and insurance products. Having rental property can take some skill and know-how...compared with other, more passive investments.

May 07, 2015 10:34 AM
Rainmaker
1,771,867
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

No it is a lot of work and I do not want any rental property Debbie. I have managed many properties and unless you either have a lot or are really handy you can loose your years profit or go negative in a flash. 

May 07, 2015 12:48 PM
Rainmaker
4,599,357
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Debbie -- it depends on the person.  I believe it is but it may not be for everyone.  It's a great question to start a conversation.   

May 07, 2015 12:15 PM
Rainmaker
386,078
Trumps Elite
Keller Williams Realty Acadiana - Lafayette, LA
Realtors/Career Consultant

It depends on the situation in my opinion. I am working on my retirement and always investing and have been doing so for years. But, I am just in my early 40s, so for me, the flipping is better so that I have quicker return. 

May 07, 2015 11:21 AM
Rainmaker
4,800,132
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Maybe.

Nov 22, 2018 07:23 AM
Rainmaker
3,071,860
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Coldwell Banker Realty

I would tell them they need to make that decision and we can help them if they decide they want to purchase properties.

Nov 11, 2017 04:54 AM
Rainmaker
892,121
Tamra Lee Ulmer
Arizona Resource Realty - Payson, AZ
NRBA ~FORCE~ Over 1000 REO Assets SOLD!

It depends on the Market in the Community. This can work out really great for some though.

May 13, 2015 05:58 AM
Rainer
67,369
Evelyn M Epperson
Coldwell Banker Residential Brokerage - Johns Creek, GA
A Tradition Of [Excellence, Trust & Service]

Yes but I have had the worst luck with renters.  So know I flip house works out better.

May 08, 2015 02:37 AM
Rainmaker
1,466,257
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Debbie Reynolds Yes, if you can put up with the headache of owning rental properties.

May 07, 2015 11:34 PM
Rainmaker
1,153,799
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

I'm pretty sure real estate investing still leads the list of those on the Forbes 500 Debbie. Nothing wrong with that diversity in the portfolio that I can see, although it's not for everybody.

May 07, 2015 10:31 PM
Rainmaker
5,137,315
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I would discuss the pros and cons of this kind of investment, but really in the end, it's up to each individual and what kind of portfolio of assets they want and are willing to manage. There is no one answer or no one right answer to this quesiton.

May 07, 2015 09:37 PM
Rainmaker
4,320,142
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Debbie Reynolds undoubtedly!

Should not we trust the product we sell?

May 07, 2015 02:11 PM
Rainmaker
1,683,912
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

We don't own any rentals, but If I could, I would to help in retirement.

May 07, 2015 01:24 PM
Rainmaker
5,773,781
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Debbie,

I would tell them that in my opinion (with the caveat that I am not an accountant or a financial adviser and they consult theirs), it may be a good investment depending on their overall investment plan.  We worked with serious investors/developers, and in every offer we made, that disclaimer was part of the language in our contract...A

May 07, 2015 12:42 PM
Rainmaker
3,986,308
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

It can be but it could also be a drain on a persons cash flow when they can leasst handle it.

May 07, 2015 12:36 PM
Rainmaker
2,818,071
Debbie Gartner
The Flooring Girl - White Plains, NY
The Flooring Girl & Blog Stylist -Dynamo Marketers

While I think some people can do well with this, it's not for the majority of the people.  Besides the fact that it can be rather risky, most people don't have the skills for this and underestimate the time and maintenance involved.  When people are evaluating this they forget that at time there is a new renter there is lost income from vacancy, potential realtor costs (or else their time..which costs money) and repair/maintenance cost.

Personally, I think there are much easier and less time consuming and less risky investments.

May 07, 2015 12:18 PM