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Best types of rental properties

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Money Talk > Real Estate

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oldguy
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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:
Post Tue Apr 02, 2013 12:00 am
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Brownsfan2k5
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Are who?
Post Tue Apr 02, 2013 5:56 pm
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Wino
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Donald Trump recommends this method.

Donald Trump went bankrupt. I have no idea why banks started loaning him money again.
Post Sat Apr 06, 2013 10:07 am
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Brownsfan2k5
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Hey old guy. Do you encourage getting an LLC for property rentals?
Post Sun Apr 07, 2013 5:15 pm
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keganjosh
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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.
Post Tue Apr 09, 2013 8:21 am
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