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The Water Cooler
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how to invest in rental houses?
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<blockquote data-quote="Rod Snell" data-source="post: 2479548" data-attributes="member: 796"><p>You still need to really background check and filter the applicants, since there are more than a few out there that will agree to any rent, sign anything, and less than a year later you're having to evict them for non-payment and repair the damaged property. Compared to the money I've made in other investments, the return is less and the hassle more than I bargained for. IMHO You need to either love doing it or buy a bunch of houses and farm them out to professional management, with minimal participation on your part. Personally, I would prefer NOT to have gotten into rental property. YMMV</p></blockquote><p></p>
[QUOTE="Rod Snell, post: 2479548, member: 796"] You still need to really background check and filter the applicants, since there are more than a few out there that will agree to any rent, sign anything, and less than a year later you're having to evict them for non-payment and repair the damaged property. Compared to the money I've made in other investments, the return is less and the hassle more than I bargained for. IMHO You need to either love doing it or buy a bunch of houses and farm them out to professional management, with minimal participation on your part. Personally, I would prefer NOT to have gotten into rental property. YMMV [/QUOTE]
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how to invest in rental houses?
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