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Real Estate Investor: buying & renting out single family homes is dumb af

https://www.youtube.com/watch?v=bSRA9VcrGeI Sparknotes: o...
Charcoal comical stag film
  06/14/17
I do fine renting out a single unit in a major metro. place...
Maroon cruel-hearted trailer park
  06/14/17
And do you own the place where u live? How much profit are u...
Charcoal comical stag film
  06/14/17
...
Demanding Lemon Lay Gunner
  07/24/17
major metro are the key words
blathering ticket booth jap
  07/24/17
equity-build is dependent on the value increasing perpetuall...
Nighttime pit mexican
  07/24/17
i know a guy who owns 30+ section 8 type houses in FL
Glassy site
  07/24/17
If you own a basket of SFH's it's ok - but this is hard to d...
adventurous crystalline gaping milk
  07/24/17
...
Fishy high-end chapel
  07/24/17
I've noticed rents in legit suburbia where almost everyone o...
blathering ticket booth jap
  07/24/17
after taxes and insurance, that doesn't sound especially cra...
Red brethren crackhouse
  07/24/17
similar valued condos/apts rent for much less ime
blathering ticket booth jap
  07/24/17


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Date: June 14th, 2017 2:58 AM
Author: Charcoal comical stag film

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

(http://www.autoadmit.com/thread.php?thread_id=3646648&forum_id=2#33551338)



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Date: June 14th, 2017 3:15 AM
Author: Maroon cruel-hearted trailer park

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: Charcoal comical stag film

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: Demanding Lemon Lay Gunner



(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: blathering ticket booth jap

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: Nighttime pit mexican

equity-build is dependent on the value increasing perpetually

(http://www.autoadmit.com/thread.php?thread_id=3646648&forum_id=2#33843271)



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Date: July 24th, 2017 6:56 AM
Author: Glassy site

i know a guy who owns 30+ section 8 type houses in FL



(http://www.autoadmit.com/thread.php?thread_id=3646648&forum_id=2#33841627)



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Date: July 24th, 2017 11:25 AM
Author: adventurous crystalline gaping milk

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: Fishy high-end chapel



(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: blathering ticket booth jap

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: Red brethren crackhouse

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)

(http://www.autoadmit.com/thread.php?thread_id=3646648&forum_id=2#33843221)



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Date: July 24th, 2017 12:43 PM
Author: blathering ticket booth jap

similar valued condos/apts rent for much less ime

(http://www.autoadmit.com/thread.php?thread_id=3646648&forum_id=2#33843229)