/biz/ - Business & Finance

>>53294753
Yes, build it brick by brick. No more crypto-instant-millionaire bullshit.
1. cash flow
2. appreciation
3. tax benefits better with RE than anything else
4. leverage: borrow $ to make your 4
5. add value (rehab, add a carport or bathroom etc)

>>19694612
Get away from the coasts and it's not far off. Coastal is postal insane.

>>12434803
If you teach yourself all the tricks and only have one rental... maybe yourself.

Long term, especially with multiple places: manager

My first 2 years I did it all myself. learned a lot, and learned 'no thanks'.

Now I got a manager and life is easier/less hassle all the way around.

it's all what company. Big enough they got a good staff, small enough they return your calls and don't just say, "go on our website"...

Join a RE investor club for about $150/year and go to the dinners and stuff. Or ask your realtor/lender/accountant. They can refer a good one to you.

I don't do my own dental work/taxes/car repairs, so why should I do my own rentals? Hell, I'm a RE agent so I'm licensed to do it for others and I won't ever do my own! lol