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Buying a rental property a very simple form of startup for the unskilled, requiring a very high startup cost for a small return. I bought a house one year ago,
by eruci 7y ago
Buying a rental property a very simple form of startup for the unskilled, requiring a very high startup cost for a small return.
I bought a house one year ago, spent $200k and then another $50k in repairs, and now I'm renting it at $1500 a month ($1200 profit after property taxes and miscellaneous)
On the other hand, I also started a new company about a year ago, spent $0 upfront investment, $50 in monthly hosting costs, and it is earning a monthly profit of $2000 currently.
- bsdnoob 7y agoIf you don't mind me asking, what does your company do?