Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 17 years ago on . Most recent reply

User Stats

16,121
Posts
5,816
Votes
Joshua Dorkin
#2 Questions About BiggerPockets & Official Site Announcements Contributor
  • BiggerPockets Founder
  • Maui, HI
5,816
Votes |
16,121
Posts

Top 5 Reasons to Buy Rental Property

Joshua Dorkin
#2 Questions About BiggerPockets & Official Site Announcements Contributor
  • BiggerPockets Founder
  • Maui, HI
Posted

Hello all . . . I thought it would be interesting to hear your opinions as to what the top 5 reasons to buy rental property are.

So, What are your Top 5 Reasons for Buying Rental Property? :mrgreen:

Most Popular Reply

User Stats

4,583
Posts
1,170
Votes
Michael Rossi
  • Real Estate Investor
  • Ohio
1,170
Votes |
4,583
Posts
Michael Rossi
  • Real Estate Investor
  • Ohio
Replied

Well, I think you guys missed all the best reasons for investing in rentals. Here's why I do it.

1. Meeting wonderful people! What other business allows you to meet drug addicts, liars, deadbeats and other wonderful people on a daily basis! You can't help becoming a people person in this business.

2. Learning a trade. There's nothing like the rental business to teach you how to get that nasty feces stain out of the new berber carpet or how to lasso a rabid pit-bull before he takes your arm off!

3. Helping the homeless (or is that making the deadbeats homeless)!

4. Helping all the nice lawyers in your community! I get a warm feeling knowing that every low-life, scumbag contingency lawyer is kept in business by suing rich landlords!!!

5. Seeing my tax dollars at work. There's nothing like the feeling of seeing those tax dollars come back to you in the form of Section 8 payments. It gives me a warm feeling to know that my tax dollars are going to a young, unmarried girl that has had 5 kids by 5 men and is too lazy to work!!!

It's a glamourous profession, just like on the infomercials!!!

Mike

Loading replies...