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He did not include expenses for insurance, property damage, paying tax and so on. And he still was only able to turn out a healthy profit in one of four locatio
by kken 13y ago
He did not include expenses for insurance, property damage, paying tax and so on. And he still was only able to turn out a healthy profit in one of four locations.
Does not look like a viable business idea to me.
However it may be a good way to lower rent or afford an oversized appartment.
- cellis 13y agoEssentially, he's operating as a realtor, or landlord-as-a service. A broker, a middleman, who smooths the process and reassures customers. It doesn't seem very scalable, but if it doesn't take much time then great.