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Updated over 13 years ago,

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15
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0
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Chuck K
  • Cincinnat, OH
0
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15
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Trying to get started by renting my SFH, everyone and their mother is discouraging me

Chuck K
  • Cincinnat, OH
Posted

I've bought a new house and I was planning to turn my old house into a rental, I worked the numbers and they make sense financially for me. It'll be my foot into the door of real estate in which I've always held a passion and an interest. In my research, I've read books and here on BP, but I've talked to several friends and family members who are landlording and every single one of them is discouraging and advising against it. Almost every one of them tells me to sell the house and take the equity and run. Most tell me about the headaches of dealing with tenants and how they'll destroy everything I worked hard to fix and update. I don't understand if they're just negative or really have my interest in mind? One person told me how landlording caused him physical problems and needed medical attention. I guess I'm looking to BP for few words of encouragement! :help:

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