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Arguing for Rentals vs Flips
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.