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Updated about 8 hours ago on . Most recent reply
Is Landlording worth it in the long run?
Given all the repairs and issues that we all deal with as landlords, is it worth landlording if you stick it out for the next 20 years on a property ? My over all question is, are you seeing the financial gain or find it motivating to continue? We are hoping to use our rental property as a nest egg to pay for our daughter's college expenses/schooling/income in the future. We have a mortgage, I make 600 dollars after my mortgage. I'm sure this number can change if the rental prices drop. If I just stick it out in the long term, do I have a better chance of being successful?