Investor Mindset
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago on . Most recent reply

Why I'm NOT succeeding
Most Popular Reply

I would buy something like a 2 3 or 4 family live in one of the units and rent the others out. ( house hack ) you learn how to be a landlord. You learn how to fix stupid things like broken toilets and windows etc etc. You learn about lease agreements and tenant landlord laws. You learn what it costs to repair stuff and pull permits. You learn about how your 3% down payment is now making you 700 bucks a month ( or whatever ever it is you will most likely be cash flowing to some degree ). You learn how you used other people's money to make money and leverage an investment.
When you're a landlord you need to remember you are providing a roof for someone's head. You need to take care of that roof so that person can come home after a long day at work and pay you rent.
I'm a landlord for businesses so I need to make sure that business stays profitable and operational.