I happen to listen to the talk show in which Brian (from A Path to Forever Financial Freedom) was invited to share his thoughts on Parc Clematis (click here).
When it comes to property, I always felt that it is a difficult subject…. Because my wife (and my family) is now involved.
It is not like how I would treat a stock. Whereby it involves only me and my own fundamental analysis. I can view a stock purely as an investment.
For one, I think having a 2nd investment property would be a good source of passive income, but then, a property can be more than just an investment. It can also be our next home (for others it is a ‘lifestyle’). So that is where the complications lie.
Frankly, I don’t like to upgrade unless I am reasonably financially comfortable (eg. whereby most of the mortgage is
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