Quote:
Originally Posted by MedCash_Miller
i recommend not buying a slum! it seems like the lower the cost of the house and the lower you charge rent, the more likely you're gonna be stuck with shit tenants and plenty of repairs. Hopefully the laws in Kansas are a little friendlier to landlords than they are in Quebec.
My next revenue property will definitely have higher rent in a better part of town. Even if the potential ROI on paper appears lower, I'd rather deal with the predictability of a tenant who can afford higher rent in a nice part of town.
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I would buy properties in the $100-$300 range if I wasn't fucked sideways in hell
ESPECIALLY DUPLEX PROPERTIES IN ICT
ESPECIALLY FUCKING THOSE
In the interim if I can buy a prop for a few dimes and get hundreds back monthly I'll take it and be thankful for all of the problems which come with it
Much rather babysit fuckgarbages who rent that shit than I would work for $11/hr at some soulhole, you know?