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Started by WengerTodd, December 04, 2019, 11:57:21 PM
Quote"Warning: this topic has not been posted in for at least 120 days.Unless you're sure you want to reply, please consider starting a new topic."
Quote from: WengerTodd on December 04, 2019, 11:57:21 PMThere are property managers, and I use one. But sometimes you even have to manage the property managers because they'll often become complacent.
Quote from: SteveGood on December 12, 2019, 10:35:39 PMHi,Which is the best own house or rental house for salaried people?. If the rental house is best why? Please share your thoughts.
Quote from: Sam on December 15, 2019, 07:28:44 PMGood thoughts WengerTodd. I would say, my physical rental properties are the ones that have caused me the most stress on my passive income journey. Dealing with HOA members, rules, bad tenants, plumbing issues... they are all doable when you are young and looking to build your nut. But as you get older and wealthier, rental property just feels less and less appealing, hence REITs and crowdfunding.I'm at the point where I'm happy to keep a second home empty and just use it for friends and relatives instead of renting it out. So many vacant properties due to onerous rules and PITA tenants.
Quote from: Kendall on December 16, 2019, 01:42:40 PMWhen I rented my condo, I assumed the property manager was looking out for my interests. I learned that he was mainly interested in protecting his business. To top it off, all the appliances that the tenants broke provided his workforce with plenty of billable hours. Always think about the incentives of the counterparty