Quote:
Originally Posted by goneil2024
Being a landlord has its own set of risks and rewards. Unless you are experienced landlords be sure to hire folks that are and have appropriate legal, finance and risk management/insurance professionals review your documents and plan. A plan may seem like a great idea until something goes wrong, someone is injured or your tenants decide not to move out when agreed.
This is my opinion not advice.
|
I agree. You cannot just buy a house, turn it over to a management company, leave the state, and expect to make money. You must be involved.