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cheez
5503 days ago
Assuming income = revenue - expenses, he should be glad it's not negative. Many people lose money on rentals.
1 comments
ryanmarsh
5503 days ago
Cheez, don't hate. Rental property is great. You just have to follow a few common sense principles. It's not magic. The people that get f
ked are the ones that speculate and flip houses, that's not real estate investing, that's gambling.
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cheez
5503 days ago
I'm not hating, merely pointing out that $1000 profit is not unheard of for someone just getting started.
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