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by apathy
2616 days ago
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Have you sold any of the managed properties? That seems to be where problems arise. A fellow landlord friend ended up having to dump his property manager and bring in a REA who whipped the place into shape for sale. 8% is not bad if the goal is income properties. However I would invest in a multi unit property if I were going to be a landlord again. Less concern about one bad tenant potentially leading to foreclosure if you get crunched from all sides. (Which seems to be how it usually happens) |
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