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Old 02-09-2010, 08:28 PM  
HandballJim
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Join Date: Sep 2008
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Quote:
Originally Posted by fatfoo View Post
Is anyone doing this?

Let's say you buy a home and then you rent it out to other people.

Buy a home, wait for it to appreciate and then sell it.

Buy home, renovate then sell.

Any other ways?
then you would be a landlord and the people you rent to will complain to you when something breaks or not working...and you will need to get it fixed. Also a lot of people out there don't give a fuck about other peoples property and might destroy your house...your investment.

My friend owns a building by yankee stadium...some people just stop paying the rent and it takes 6 months for the courts to evict them...and then on purpose they set the apartment on fire. Then his insurance company dropped him.......

good luck renting out your home.
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