Rochester NY Area Investors - Roll Call
First, forgive me overall curt verbage, I do apologize and I am working towards bettering myself in this regard. My question is simple mathematics. With all multi unit buildings we get more of a headache sometimes, but more importantly between 2-5x more in rent for a home that is in the same neighborhood as these "We only do SFH, that's our brand" type of people that I've been recently meeting. The old me would have smiled and said "Great, enjoy losing potential income every month that could be used as a DP on your next purchase." I mean, the amount and length of return should be enough to sway any lost sheep back to the fold. I seriously am unable to understand why this happens. This is totally cliche, but I REALLY am a nice guy and I seriously would like to know what the mindset is here. Is it strategy? Circumstance? Inexperience? I do apologize to all here that straight up rock SFMs and love it, just looking for you folks in particular to drop some knowledge on me