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SVTPerformance's Chain of Restaurants
Road Side Pub
Who's in the rental house business?
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<blockquote data-quote="GT350R" data-source="post: 16167574" data-attributes="member: 20730"><p>I've done it for about 10 years. 17 houses Thirty units. </p><p></p><p>We use a TransUnion service for background checks. Then I creep social media , and search court dockets myself. </p><p></p><p>The hardest part. is not falling in love with your house. If you have an emotional attachment you take things personally. If you don't take it personally it's just math. More money in then goes out. </p><p></p><p>Property management companies can be key to buying properties out of the area. Urban cheap properties can be lucrative but high-risk. Cheap country properties can be cheap but hard to rent. The middle area of sensible properties are filled with people that are smarter and have money for a lawyer fees. You might have fewer eviction but the ones you do have are far harder. </p><p></p><p>The biggest thing to know is your monthly nut. What does that property cost you per month. Noun fees and projected. Known would be property tax Insurance Etc. Projected would be big ticket maintenance such as roof Windows furnace hot water heater.</p><p></p><p>Going in you need to know what your investment strategy is. Are you looking for an asset wealth? Or are you looking for monthly income.</p></blockquote><p></p>
[QUOTE="GT350R, post: 16167574, member: 20730"] I've done it for about 10 years. 17 houses Thirty units. We use a TransUnion service for background checks. Then I creep social media , and search court dockets myself. The hardest part. is not falling in love with your house. If you have an emotional attachment you take things personally. If you don't take it personally it's just math. More money in then goes out. Property management companies can be key to buying properties out of the area. Urban cheap properties can be lucrative but high-risk. Cheap country properties can be cheap but hard to rent. The middle area of sensible properties are filled with people that are smarter and have money for a lawyer fees. You might have fewer eviction but the ones you do have are far harder. The biggest thing to know is your monthly nut. What does that property cost you per month. Noun fees and projected. Known would be property tax Insurance Etc. Projected would be big ticket maintenance such as roof Windows furnace hot water heater. Going in you need to know what your investment strategy is. Are you looking for an asset wealth? Or are you looking for monthly income. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Who's in the rental house business?
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