All Forum Posts by: Kane Fontenot
Kane Fontenot has started 1 posts and replied 1 times.
I just had an interesting thought and would like to put it out there. I'm thinking residential property is A better start to rental property investing considering it theoretically only provide one margin to be concerned with. That of the property's as opposed to commercial property favoring the same rigorous understanding of the property's margin along with at minimum A moderate understanding of the kind of profit margins of the businesses of prospective tenants so as to help maintain A competitive edge with rent rates. Also with that said as sort of A bonus thought if you follow such A philosophy with rental investing you could theoretically take A bit of Dave Ramsey's Philosophy and use the income streams of multiple paid off residential property's to buy outright A commercial property and access the hight rent potential immediately. Or just use the former income stream to better finance A commercial rental property and use the strong rent potential to Jumpstart A more lucrative BRRR strategy? Any thoughts?