4 ms·
Try doing the exercise yourself to be convinced. Check out zillow/redfin/etc for properties and then do the planning to buy and rent it. Consider all costs. Loo
by jjav 5y ago
Try doing the exercise yourself to be convinced. Check out zillow/redfin/etc for properties and then do the planning to buy and rent it. Consider all costs. Look at equivalent rents in that area. Can you make any profit? Probably not.
Source: been doing this spreadsheet exercise for more than a decade. Have never found a property I could buy and rent out at a profit.