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SVTPerformance's Chain of Restaurants
Road Side Pub
Interested in hearing from people who rent out property
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<blockquote data-quote="Mpoitrast87" data-source="post: 16203842" data-attributes="member: 164411"><p>The other thread about buying or renting a house got me thinking. Ive been looking into buying a house for the last 6 months or so. I’m always looking for ways to make income and provide some kind of a long term investment. So, my thought is instead of buying a house, I could buy a multi family house. One option of course is to live in one unit while renting out the rest. But, I’d be more interested in renting out all units and staying home for another year or two and then by my own house. There are 2 decent size cities around where multi family houses are plentiful and normal. So finding a good location I don’t think would be a huge issue. For those who rent out property, do you find it to be worth it? From the research I’ve started doing it seems like once someone has one successful property they end up buying more and more. So it has my interest.</p></blockquote><p></p>
[QUOTE="Mpoitrast87, post: 16203842, member: 164411"] The other thread about buying or renting a house got me thinking. Ive been looking into buying a house for the last 6 months or so. I’m always looking for ways to make income and provide some kind of a long term investment. So, my thought is instead of buying a house, I could buy a multi family house. One option of course is to live in one unit while renting out the rest. But, I’d be more interested in renting out all units and staying home for another year or two and then by my own house. There are 2 decent size cities around where multi family houses are plentiful and normal. So finding a good location I don’t think would be a huge issue. For those who rent out property, do you find it to be worth it? From the research I’ve started doing it seems like once someone has one successful property they end up buying more and more. So it has my interest. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Interested in hearing from people who rent out property
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