2007-01-09 10:22:18 · 4 answers · asked by MM 5 in Business & Finance ➔ Renting & Real Estate
Tell me about how you got into it and any problems/successes you've had. Do you make a profit? Do you own multiple units? Did you trade up? Thanks for your feedback!
2007-01-09 10:22:34 · update #1
In my area there are a lot of multi-family units. The single family houses I do Not make a lot of money on them while I rent them but I will be selling them so I will make money on the sale when the buyer qualifies. I rent it as a rent-to-own, so they are responsible for upkeep on the home. The multi-families do better in the long run but it is a hassle dealing with all of the petty management issues. I do not own any buildings. I do have a few other things but I am testing them myself so I do not know yet.
2007-01-09 12:02:25 · answer #1 · answered by Anonymous · 2⤊ 0⤋
2
2016-07-19 12:48:01 · answer #2 · answered by ? 3 · 0⤊ 0⤋
Yes, I got one single family and one a multi-family units. Not making any money right now. The single family unit used to be my primary residence then I moved to be closer to work. I break even on both properties. No major problem, not that I did not anticipate at least.
2007-01-09 10:30:58 · answer #3 · answered by Jen 2 · 1⤊ 0⤋
Rent-To-Own Homes - http://RentToOwnHome.uzaev.com/?hYJD
2016-07-12 07:08:40 · answer #4 · answered by ? 3 · 0⤊ 0⤋