3 things I learned about being a landlord from a real estate investor - Business Insider

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'My ex-girlfriend's dad owned 28 rental properties, and watching him manage those investments showed me how real estate can lead to financial freedom and generational wealth'

when I knew him, and later made a big purchase of eight additional houses at once.

While I don't yet own my own rental properties, I've started investing in real estate through REITs and When Mark eventually dies, he wants his properties to be split up between his kids. If all the mortgages are paid off, those are free-and-clear assets that my ex and her siblings can count on for their own long-termIt is worth noting that passing along a property with a mortgage doesn't provide the same wealth transfer — you're passing along debt your heirs may not want to inherit.

and a separate phone for your real estate business. That could be as simple as a second cell phone or as complex as an answering service. If there was an electrical problem, Mark had a repair person for that. If there was a plumbing issue, he had a number to call. From the roof to the lawn, Mark had a trusted maintenance person just a call away.

 

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JuliaCarmel__ ceaweaver Look at this crap!! Glamorizing profiteering off housing!! We need to stand up to the idea of housing as a means of making money. It is just soo wrong.

knock me for any services

When no one pay rent. Bank chasing for monthly installments and property cannot be sold? How you gonna pay? With your LIFE?

Terrible lead. Unless I'm supposed to hate that person for being clueless

This is brilliant

... until no one can pay rent

good

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