Updated over 9 years ago on . Most recent reply
Rental Property overrated
Before today my mindset was buy cash flow rental properties. I talked to a semi real estate investor who inherited 3 properties. She told me I should flip instead of rentals because by the time you keep fixing issues and tenants moving out you have to spend just as must usually in expenses. New tenents every time you have to paint and change carpet. Does the rental cash flow out weigh the expenses. I am preparing to own my city with real estate.
Most Popular Reply
The problem is not that owning rental properties is over-rated; The problem is most rental property buyers are under-educated.