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The term rent selling stats with 'rent' for a reason. The maintenance on any single property is miniscule compared with the rent extracted. Added over many pro
by sdenton4 10y ago
The term rent selling stats with 'rent' for a reason. The maintenance on any single property is miniscule compared with the rent extracted. Added over many properties, sure, might be a lot of work. But you're also getting a lot of rent.
The bigger part of the problem is the tendency to pass on the tax on passive income to the tenant.
- will_hughes 10y agoThis is also why when someone has enough capital to buy enough properties to extract a full-time wage out of the rent, you can be sure they're also not going to be doing the work themselves. They'll offload it to a property manager/real estate agent to do all that work.