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I never said it was easy there, El Professionale..... Who owns these homes that you manage? He/she is obviously doing well off of them if they can afford to pay you to manage them.Mostly what I've said is to cover all your bases the best you can and you can avoid a lot. One friend I have talked to a lot about this stuff is a defense attorney and has a few rental properties. I think it's safe to say he would be a reliable source of information on the matter. Regardless of what's said in this thread, from the people I've had serious conversations with about rental properties, I'm confident in what I've learned from them. Not one has said, "oh **** no, don't rent your **** out, that's a bad idea....." : Sure you run into problems, hell I run into problems at work. It's how you deal with the problems that makes all the difference.
I never said it was easy there, El Professionale..... Who owns these homes that you manage? He/she is obviously doing well off of them if they can afford to pay you to manage them.
Mostly what I've said is to cover all your bases the best you can and you can avoid a lot. One friend I have talked to a lot about this stuff is a defense attorney and has a few rental properties. I think it's safe to say he would be a reliable source of information on the matter. Regardless of what's said in this thread, from the people I've had serious conversations with about rental properties, I'm confident in what I've learned from them. Not one has said, "oh **** no, don't rent your **** out, that's a bad idea....." :
Sure you run into problems, hell I run into problems at work. It's how you deal with the problems that makes all the difference.