LogFAQs > #904198867

Dynalo posted...

thedeerzord posted...

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.

What middle of nowhere hell hole do you live in that a house is a "few thousand dollars"?

The main reasons most people don't rent out houses (besides not wanting the hassle of being a landlord) is that houses are expensive. Not exactly easy to own a "couple dozen houses" when that will cost you several million dollars to get.

I live in Texas.

I'm not looking into houses in any major city area like Austin or Houston. I'm talking about in the armpits of Texas where houses will be relatively cheap that I can just rent out for so I can get a small amount of extra money coming in until I have enough to buy another one.

Of course, I'm not expecting to be successful, which is why I'm doing research.

Dynalo posted...

Not exactly easy to own a "couple dozen houses" when that will cost you several million dollars to get.

That's why I was looking into buying cheap ones for me to rent out just so I can get started.

When I starting getting a considerable amount of profits, then I'll starting looking into buying more expensive homes.
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