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Updated over 2 years ago on . Most recent reply

User Stats

20
Posts
4
Votes
Anthony Parr
  • Investor
  • Covington, LA
4
Votes |
20
Posts

Arguing for Rentals vs Flips

Anthony Parr
  • Investor
  • Covington, LA
Posted

My wife and I started a few companies.  The company that she leads is for flips, and the company that I lead is for rentals.  We look at properties as a team and evaluate their potential through those two lenses.  However, she does not see the value of rentals, especially since as of yet we do not have a PM, and worries that when we do have a PM it will have rentals that just pay for PM and office stuff.  She sees my company as a 9-5, or more, that is comparable to what I just left, stress included.  At two rentals we are not ready for a PM, but my plan is to pick up a new house every three months, rehab, and rent.  In this way, justifying a PM.  I get the value of the rentals, I have read the books and listened to all the BP shows, however, arguing for them, I come up short.  Any tips?  Thanks.

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