"A young whipper snapper home owner was telling me the other day I should buy any house no matter how crappy it was because straight away "it would start earning money for me".
gosh that makes me laugh
my experience with property has been great, its made me a pile of money but only through good timing, nothing else
if my timing had been lopsided, all I would have seen was flat or negative price growth and bucket loads of interest payments, government, real estate agent, council and maintenance costs, not to mention filling a house with new appliances and furniture.
its these expenses every twit conveniently forgets and they are massive
