quote:
Looking at single family homes prices in BR vs rental cost per SF it seems like after putting a 20% down payment I would only be able to pay for my monthly payment, insurance, and property taxes with what I could charge for rent per month.

Buying rental homes "retail" is almost never profitable outside of when the Real estate market busts.

People that own a lot of rentals almost always buy foreclosures, wholesale properties, or otherwise know how to find excellent deals "retail". A lot of those excellent deals are through realtors that know the rental/ wholesale market. A lot of those realtors have a select amount of investors they take their deals through before they really even hit the market. Time is money for them. They have buyers ready as soon as they find a house.

A lot of these rental specials are not homes that are good on the retail market because they need work, are ugly, etc. But with a little money they are great rentals.

You generally can't look at a rental purchase as "would I live there". You have to learn to get the eye of what makes an enticing rental.

0 ...

Report Post

Posted by makersmark1

earth

Member since Oct 2011

21436 posts

Posted on 7/6/26 at 12:27 pm to Redstickbaw

Like anything else, “at the right price” it can be profitable.

I don’t think it is easy.

Even at the right price.

I guess those they have an aptitude for real estate might do better than I would.

I own the house I live in, but even that has more costs than I want sometimes.

0 ...

Report Post

Posted by el Gaucho

He/They

Member since Dec 2010

59677 posts

Posted on 7/7/26 at 9:27 am to TheOcean

quote:
De-immigration

do yall really think this is happening

0 ...

Report Post

Posted by Fat Bastard

alter hunter

Member since Mar 2009

91859 posts

Posted on 7/8/26 at 12:28 pm to LSURussian

quote:
Buying houses to rent have rarely been "profitable."

look it has it's cons as i laid out earlier, scroll back and read, but this general statement is just stupid

quote:
rental house owners take a loss on their property

just dumb again. you buy to make money. not to only be a tax shelter(at least me anyway). that is purely secondary. i make money cash flowing with rentals and selling or else i would not have been doing it this long. plenty other shite i can buy if i need "expenses" to deduct for my business.