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My answer to that would be either (a) be more selective with the tenants and (b) consider hiring a management company after the first few properties. They take
by aggieben 12y ago
My answer to that would be either (a) be more selective with the tenants and (b) consider hiring a management company after the first few properties. They take a bite of of the profit, but it might be worth it in the long run.
- edoceo 12y agoAs a landlord: A) is rather hard, profiles and credit reports don't tell the full story and lots of odd things happen during a lease. B) makes sense when you have >2 units to lease (SFR, flats, whatever) and at least one is cash-flow positive. And they will save your mental health.