Best types of rental properties |
|
|
|
oldguy
Senior Member
Cash: $ 751.85
Posts: 3656
Joined: 21 May 2006
Location: arizona |
quote: Either it is expandable to larger investments, or it is an unreasonable gamble. My method works and continues to grow arithmetically. Your method is not realistically scalable. This in itself tells me that it is not a safe investment.
Wino - here are 3 guys that are doing it on a scale such as you propose (I'm not one of them). Actually, they have contacted some of us smaller landlords with offers to buy our houses. They bring their own financing/inspections, etc - but the offers, as you would expect, are low.
quote: So far this year, metro Phoenix’s three biggest housing investors have purchased more than 3,000 homes and continue closing deals. Those three largest investors, according to an analysis by The Arizona Republic, are:
|
Tue Apr 02, 2013 12:00 am |
|
|
Brownsfan2k5
Full Member
Cash: $ 20.90
Posts: 93
Joined: 27 Feb 2013
Location: Military |
Are who?
|
Tue Apr 02, 2013 5:56 pm |
|
|
Wino
Senior Member
Cash: $ 113.80
Posts: 560
Joined: 03 Aug 2012
Location: Dubai |
Donald Trump recommends this method.
Donald Trump went bankrupt. I have no idea why banks started loaning him money again.
|
Sat Apr 06, 2013 10:07 am |
|
|
Brownsfan2k5
Full Member
Cash: $ 20.90
Posts: 93
Joined: 27 Feb 2013
Location: Military |
Hey old guy. Do you encourage getting an LLC for property rentals?
|
Sun Apr 07, 2013 5:15 pm |
|
|
keganjosh
Member
Cash: $ 2.00
Posts: 10
Joined: 09 Apr 2013
|
The advantage of making money with a rental property is that you will get money month after month. Although some of this money will go to pay off the original mortgage, with a good rental property investment, you can practically count on a steady flow of income.
|
Tue Apr 09, 2013 8:21 am |
|
|
|