Real Estate Is the Classic Myth

A lot of real estate is overpriced. People make the mistake of thinking if they just buy property and collect rent then they’ll never have to worry about money again.

Here’s what is missed about real estate:

• Having a huge pile of debt creates stress.
• Being tied to an investment gives you less flexibility.
• Real estate is expensive which means often people have no money leftover to invest elsewhere. This leads to a lack of diversification.
• There is a lot of dreadful real estate out there.