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Should Real Estate Be Considered A Passive Income In 2022
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[QUOTE="Jasmine, post: 259436, member: 49159"] In 2022, the real estate price has gone down, you can buy properties for lesser amount compared to 2021. If you are thinking about getting into the real estate market, this is the time. Sadly, real estate investing requires a lot of money. If you don't have money to by properties, this might not be an option to you. Some people suggest that you can borrow money to invest in real estate and pay the mortgage through the rental income. This sounds interesting but very risky because if you cannot find renters you might not be able to collect enough money to pay your loan. Furthermore, you might also be paying more for your mortgage compared to the amount you collect as rents. Another reason that makes real estate risky because of the huge involvement of money, you need to spend a lot of money to buy properties and you might be in debt. [/QUOTE]
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