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TopicAnyone here own any rental properties?
thedeerzord
06/29/18 5:16:24 PM
#27:


reruns_revenge posted...
Not paying rent, having to evict them, damaging property, dealing with illegal activity, etc.

Being a slum lord can be extremely profitable with the right scale, but it's nothing I ever wanted to try. I prefer more predictability and less volatility and hassle. In other words, more dependable tenants that pay rent, take care of their living space and tend to stay longer term, which leads to less turnover (and, thus, more income and lower costs).

K, thanks for the info?

Any other things I should know about getting started and being a landlord?
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