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How many investment properties is too many?
#42
(06-12-2021, 10:53 AM)Kay2021 Wrote:
(01-12-2021, 07:57 AM)Oh_hunnihunni Wrote: From the Stuff article this morning, there could be an assumption that some private property investors are no more than hoarders on a grand scale.

https://www.stuff.co.nz/life-style/homed...properties

And I know of two in our neighbourhood on the Shore who own more than 90 properties, each.
There is property investment and then there is greed and then there is addiction, for me the 90 properties each falls into the addiction category.   We rent, have awesome landords and we are awesome tenants, they got us when they bought the house.  Last time we saw them, plumbing issue, major, when leaving they said, see you in 5 years.  We are mindful though there intention is never to sell, things can change.
If only all tenants & landlords were like that, there'd be no problems.  Wink


The older I get, the more I see that having too much money is as bad for humans as is having too little. Angel
in order to be old & wise, you must first be young & stupid. (I'm still working on that.)
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RE: How many investment properties is too many? - by Lilith7 - 06-12-2021, 01:23 PM

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