Practice The Virtue Of Patience When Markets Swoon

Let us explore the following scenario together: you have bought a collection of investment properties for $1 million.  These properties are of high quality and you have every reason to believe you will be able to increase rents over the long term. Further assume that you want to be a passive owner and let a professional deal with leaky plumbing, collecting rents and all of the other hassles that comes with ownership.