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re: Rental properties. How to start

Posted on 6/16/22 at 2:28 pm to
Posted by rocksteady
Member since Sep 2013
1304 posts
Posted on 6/16/22 at 2:28 pm to
I’ve always loved the idea of rentals for the income but KNOW I’m not the type of person to want to deal with any prop management stuff what so ever. I’m about to inherit a paid off home worth ~225 and figured if I don’t try it out now I never will being given a starter. Having a fully paid one seems like a strong foundation for being able to add more doors quickly? That AC unit crapping out is already haunting me though lol
Posted by ItzMe1972
Member since Dec 2013
9905 posts
Posted on 6/16/22 at 2:51 pm to
That AC unit crapping out is already haunting me though lol
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The Roof and HVAC are typically the two biggest costs on a house. You could put them on a credit card and pay them with cash flow if it's an issue.
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