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Updated over 8 years ago on . Most recent reply

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38
Posts
7
Votes
George Gipson III
  • Vero Beach, FL
7
Votes |
38
Posts

Rental Property overrated

George Gipson III
  • Vero Beach, FL
Posted

Before today my mindset was buy cash flow rental properties. I talked to a semi real estate investor who inherited 3 properties. She told  me I should flip instead of rentals because by the time you keep fixing issues and tenants moving out you have to spend just as must usually in expenses. New tenents every time you have to paint and change carpet. Does the rental cash flow out weigh the expenses. I am preparing to own my city with real estate.

Most Popular Reply

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16,433
Posts
12,718
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Ned Carey
  • Investor
  • Baltimore, MD
12,718
Votes |
16,433
Posts
Ned Carey
  • Investor
  • Baltimore, MD
ModeratorReplied

The problem is not that owning rental properties is over-rated;  The problem is most  rental property buyers are under-educated. 

  • Ned Carey
  • Loading replies...