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PAT MCKEOUGH ON BECOMING A LANDLORD
5/30/2017 3:17:59 AM
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INVESTMENT INSIGHT
Market wisdom from one of Canada’s most respected professional investment managers



By Patrick McKeough  | Friday, November 08, 2013


With a continuing increase in property values across Canada, many people are wondering whether it makes sense to invest in real estate by renting out a residential property. But in this video clip, veteran investment counselor Pat McKeough says you have to recognize that becoming a landlord is not the same as direct investment in real estate. When you become a landlord, you have to ask whether you want a part-time job running a house that you own, renting it out, being responsible for calling the plumber, chasing down tenants that don’t pay, and so on. There’s a lot more to that than many people realize.

This video originally appeared on  TSI Network.

Patrick McKeough, host of the TSINetwork.ca investment website, has been a professional investment analyst for more than three decades. He is also a portfolio manager and the editor and publisher of four investment advisories: The Successful Investor, Wall Street Stock ForecasterStock Pickers Digest, and Canadian Wealth Advisor. Follow Pat on Twitter and Facebook.

Notes and Disclaimer

© 2013 by Fund Library. All rights reserved. Reproduction in whole or in part by any means without written permission is prohibited.

The foregoing is for general information purposes only and is the opinion of the writer. No guarantee of investment performance is made or implied. It is not intended to provide specific personalized advice including, without limitation, investment, financial, legal, accounting or tax advice. Please contact the author to discuss your particular circumstances.

 
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