I had no idea until the recent hit pieces that Hannity had such extensive real estate holdings.
I could never be a landlord, even with a property manager.
Real estate is an IDEAL investment.
I- income
D- depreciation
E- equity buildup
A- appreciation
L- leverage
When interest rates on savings are as low as they are currently, and a well-managed apartment complex can provide a 7-10% cash-on-cash return, it is a no brainer.
Under all is the land, and they’re not making any more of that.