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Updated over 5 years ago on . Most recent reply

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Joshua Seguine
  • New to Real Estate
  • Scranton, PA
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Renting while being a Landlord?

Joshua Seguine
  • New to Real Estate
  • Scranton, PA
Posted

So as I continue to look over local listings and try to formulate my long term investment strategy and just gather the necessary knowledge to achieve my goal of just buying a single property by the end of the year I have started to wonder.

Has anyone ever rented their own living space from someone but owned a property of their own that was rented out? (Being a Renter/Landlord)

Many of the multi-families in my area that I am coming across are currently rented. I haven't spent to much time in that side of the forum with taking over already rental properties because I never really considered it. But now I am starting to wonder. My normal day job can cover the cost of me living just fine. If I purchase a property and rent it out fully is that unheard of? Taboo? A bad choice?

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Lee Ripma
  • Rental Property Investor
  • Prairie Village, KS
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Lee Ripma
  • Rental Property Investor
  • Prairie Village, KS
Replied

@Joshua Seguine

I don’t confuse living in real estate with investing in real estate. I think you can be a real estate investor and live wherever you want-rent, live abroad, etc. I don’t think where you live has any bearing on your investing.

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