Did I make poor investments?
I currently have two rental properties. One condo and one town house. The condo is 60% leveraged and the townhouse is 100% leveraged. The condo is just break even (possitive cash flow if not for the condo fees) and the town has a negative cash flow of $150 a month. I bought the condo in 2009 and the town in 2010. Both properties are in reasonably good neighbourhoods.
After reading your articles, I feel that I made poor investments on both of these properties because neither earn positive cash flows. Do you think I should get rid of them?