Page 6 - TGM_NOV20
P. 6
What’s Stopping
You?
(Originally published by Juno Investing)
Finance.
The property market is a function of the finance capacity; if people
can’t get loans it does down, if the can get loans, it goes up.
Being risk-averse.
If you couldn’t sleep at night with an interest-only loan, rental
property is probably not for you.
If you can’t handle the tenants
Some people worry about the tenants, because they’ve heard only
the bad stories and if the tenant didn’t pay rent, they couldn’t
confront them. If you’re one of them, that’s the reason lots of
people use property managers.
It’s a business.
Effectively, owning a property is a business and it’s a risk. Not
everyone has the appetite to do it.
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