What if you weren’t going to be here tomorrow? What kind of grade would your spouse or significant other give you on your choice of real estate investments?
After all, it’s them that are going to have to deal with these properties upon your passing. I’m not trying to be morbid. Just asking a question, really.
Many a real estate investor went out and purchased properties outside their criteria during the great real estate run-up. Maybe they bought houses with zero or negative cash flow. Or they bought houses in neighborhoods they would never let their wife visit. Or a whole host of other possibilities.
Either way, when you’re gone, what kind of real estate investment portfolio have you left behind?