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The Water Cooler
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Best Interest rates or Investment ROI?
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<blockquote data-quote="dennishoddy" data-source="post: 2688199" data-attributes="member: 5412"><p>Exactly the reason for renting high end property's for the most part. </p><p></p><p>I'm out of the rental business now, but in the past did some low end. There are a lot of low end rental folks that have great credit reports. They don't have enough for a high end, yet according to their mandatory credit reports, have great scores so I didn't have any problem renting to them. Most were family members of folks I worked with, so that was another plus.</p><p></p><p>Had a couple of times in the low end rentals when they needed to work with me for the rent. </p><p></p><p>Painting the house, remodeling the kitchen was good for me as long as they did the work and I would pay for the supplies on a cost basis.</p><p></p><p>I got out of rentals because I retired. No danged reason to have that hassle anymore.</p></blockquote><p></p>
[QUOTE="dennishoddy, post: 2688199, member: 5412"] Exactly the reason for renting high end property's for the most part. I'm out of the rental business now, but in the past did some low end. There are a lot of low end rental folks that have great credit reports. They don't have enough for a high end, yet according to their mandatory credit reports, have great scores so I didn't have any problem renting to them. Most were family members of folks I worked with, so that was another plus. Had a couple of times in the low end rentals when they needed to work with me for the rent. Painting the house, remodeling the kitchen was good for me as long as they did the work and I would pay for the supplies on a cost basis. I got out of rentals because I retired. No danged reason to have that hassle anymore. [/QUOTE]
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