Quote:
Originally Posted by BWillie007
I dont know how to do shit, its been really easy. Been doing it for 4 yrs, but its a rroommate scenario but other one is not. Best thing I've ever done, easy money. I sign them all to month to month leases so its 10x easier to evict them and they hhave less "rights". Only had one bad seed and it was easy to get rid of him
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Yeah, month to month is definitely the way to go.
I've been renting an apartment for 16 years now and it's been the best investment I ever made. It's in my house, so there are some distinct advantages to that, but my wife and I have off and on considered buying rental properties due to our success with this one.
I recognize that every investment is risky these days, but all I got from my $10,000 investment in f'ing JDS Uniphase was a pile of nothing, whereas if I lose money on a rental property I at least still have something of value.