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A comment on Ask HN: What was your best passive income in 2016?. Parent comment

Re:Ask HN: What was your best passive income in 2016? by antr on Sunday December 11, 2016 @07:40AM (#13150824)
The all-in fixed rate is 2.10%, and let me repeat: fixed. Not LIBOR + spread + you need to have you savings account with us + you need to buy my home insurance, etc.

I don't understand why you say "tread carefully"... when it's the bank bearing all the IRS cost. Plot any LIBOR curve, and you'll see that the bank is the one to lose here. Banks are fighting for customers, and cheap loans and mortgages is the game they are playing. I could go into more detail, but given that I have a 12 month DSRA account in place, I'm quite happy with the investment.

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Re:Ask HN: What was your best passive income in 2016? by cylinder on Sunday December 11, 2016 @04:41PM (#13153474)
I don't believe we'll see high rates in our lifetimes. The broad trends in developed countries are all deflationary.
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Re:Ask HN: What was your best passive income in 2016? by brianwawok on Sunday December 11, 2016 @09:22AM (#13151165)
Don't you lose if you can't find Tennant's for your property? Or do you plan to just go bankrupt if that happens?
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Re:Ask HN: What was your best passive income in 2016? by antr on Sunday December 11, 2016 @11:17AM (#13151666) 

  > but given that I have a 12 month DSRA account in place, I'm quite happy with the investment.
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Re:Ask HN: What was your best passive income in 2016? by brandon272 on Sunday December 11, 2016 @06:46PM (#13154284)
What happens if you can't find tenants for 12+ months? I've seen many commercial properties sit barely occupied for years.
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Re:Ask HN: What was your best passive income in 2016? by antr on Monday December 12, 2016 @01:45AM (#13156139)
Worst case scenario, pay the mortgage with my salary.
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Re:Ask HN: What was your best passive income in 2016? by brianwawok on Monday December 12, 2016 @08:01AM (#13157717)
So that seems a pretty risky investment to me. Only a few percent profit for the risk of eating a giant monthly bill.
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Re:Ask HN: What was your best passive income in 2016? by antr on Monday December 12, 2016 @10:19AM (#13158609)
"Risky" investment for commercial real estate in a tier I area in a European capital? I find any residential property more risky and volatile, at least from a price elasticity point of view.

I guess we have different views on how we perceive risk. But that is ok.

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Re:Ask HN: What was your best passive income in 2016? by brianwawok on Monday December 12, 2016 @03:34PM (#13161662)
I am not saying commercial is more risky than residential. I am saying for the low gain, I would not take that kind of risk (i.e. more than near 0)
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