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Real Estate Investor: buying & renting out single family homes is dumb af
| heady slap-happy newt messiness | 06/14/17 |
| Excitant Mustard Legend | 06/14/17 |
| heady slap-happy newt messiness | 06/14/17 |
| Salmon Laughsome School Main People | 07/24/17 |
| Bonkers Navy Corner | 07/24/17 |
| Lascivious Mad Cow Disease | 07/24/17 |
| Amber Frum Partner | 07/24/17 |
| orange point | 07/24/17 |
| spectacular crusty tattoo | 07/24/17 |
| Bonkers Navy Corner | 07/24/17 |
| Pungent public bath mad-dog skullcap | 07/24/17 |
| Bonkers Navy Corner | 07/24/17 |
Poast new message in this thread
Date: June 14th, 2017 2:58 AM Author: heady slap-happy newt messiness https://www.youtube.com/watch?v=bSRA9VcrGeI
Sparknotes: owning and renting out single family home can lead to disaster cause you're dependent on one tenant. If tenant leaves, and can't replace tenant within a few months, you're screwed.
What's CR is buying multi family unit since you're more likely to get tenants on an on going basis |
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Date: June 14th, 2017 3:15 AM Author: Excitant Mustard Legend I do fine renting out a single unit in a major metro. place rarely if ever goes unrented. it pays for itself in terms of rent to payments. so it's basically just building me equity. (http://www.autoadmit.com/thread.php?thread_id=3646648&forum_id=2#33551364) |
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Date: June 14th, 2017 3:20 AM Author: heady slap-happy newt messiness And do you own the place where u live? How much profit are u making out of it? (http://www.autoadmit.com/thread.php?thread_id=3646648&forum_id=2#33551373) |
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Date: July 24th, 2017 6:13 AM Author: Salmon Laughsome School Main People (http://www.autoadmit.com/thread.php?thread_id=3646648&forum_id=2#33841617) |
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Date: July 24th, 2017 12:30 PM Author: Bonkers Navy Corner major metro are the key words (http://www.autoadmit.com/thread.php?thread_id=3646648&forum_id=2#33843162) |
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Date: July 24th, 2017 12:50 PM Author: Lascivious Mad Cow Disease equity-build is dependent on the value increasing perpetually (http://www.autoadmit.com/thread.php?thread_id=3646648&forum_id=2#33843271) |
Date: July 24th, 2017 6:56 AM Author: Amber Frum Partner i know a guy who owns 30+ section 8 type houses in FL
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Date: July 24th, 2017 11:25 AM Author: orange point If you own a basket of SFH's it's ok - but this is hard to do in a lot of areas because of the cost (http://www.autoadmit.com/thread.php?thread_id=3646648&forum_id=2#33842728) |
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Date: July 24th, 2017 12:28 PM Author: spectacular crusty tattoo (http://www.autoadmit.com/thread.php?thread_id=3646648&forum_id=2#33843155) |
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Date: July 24th, 2017 12:32 PM Author: Bonkers Navy Corner I've noticed rents in legit suburbia where almost everyone owns are way high relative to the value of the home. like a $350K house will rent for $2800, etc. (http://www.autoadmit.com/thread.php?thread_id=3646648&forum_id=2#33843170) |
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Date: July 24th, 2017 12:42 PM Author: Pungent public bath mad-dog skullcap after taxes and insurance, that doesn't sound especially crazy
considering that you're not putting down a down payment to rent, you're basically putting in a premium to not be locked into a 30 year mortgage (or a particular real estate location) |
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Date: July 24th, 2017 12:43 PM Author: Bonkers Navy Corner similar valued condos/apts rent for much less ime (http://www.autoadmit.com/thread.php?thread_id=3646648&forum_id=2#33843229) |