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TopicAnyone here own any rental properties?
thedeerzord
06/29/18 3:30:15 PM
#3:


Dikitain posted...
A few of my friends do (I don't actually). The biggest thing is just maintenance. Make sure when your tenant has a problem you are on top of it and fix it or send someone out to fix it.

Other then that just getting rent, and putting up with the excuses your tenants will have about why they can't pay rent. Then if they don't pay rent long enough, evicting them and getting someone who will pay rent.

K

How many homes do they have? I've been looking at home prices, and although there are a few really cheap ones for only a few thousand, there are even more of them that are at 12,000 dollars. How much money should I have in my bank before I decide to buy and rent out a home, and how much money should I do when renevating it?
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