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Non-Cattle Specific Topics
Coffee Shop
Anybody own a rental house?
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<blockquote data-quote="Bigfoot" data-source="post: 1028839" data-attributes="member: 17956"><p>I have one rental house now. The same person has been in it for 17 years. They even put in an above ground pool, go figure. I have had as many as 3. They were one of the biggest pains in the butt that there ever was. Just my opinion, a person fooling with rental property needs to have enough houses to make it a full time job. I know people that have rental property, and do very well with it. Almost every renter that I ever had left owing me money. I am too soft hearted, and accepted excuses instead of checks. The house you are talking about will inevatably, and with out a doubt attract the wrong kind of person. One house I bought because I never liked my neighbors. Guess what, I never liked my renters either. At less than $300 a month rent, that could quickly be eaten up with repairs. Renters are rough on everything. I honestly had one continue to use a broken toilet for several days before they bothered to tell me it was broken. Other people will call you at midnight to tell the faucet is dripping. It's a rat race I never want to enter again.</p></blockquote><p></p>
[QUOTE="Bigfoot, post: 1028839, member: 17956"] I have one rental house now. The same person has been in it for 17 years. They even put in an above ground pool, go figure. I have had as many as 3. They were one of the biggest pains in the butt that there ever was. Just my opinion, a person fooling with rental property needs to have enough houses to make it a full time job. I know people that have rental property, and do very well with it. Almost every renter that I ever had left owing me money. I am too soft hearted, and accepted excuses instead of checks. The house you are talking about will inevatably, and with out a doubt attract the wrong kind of person. One house I bought because I never liked my neighbors. Guess what, I never liked my renters either. At less than $300 a month rent, that could quickly be eaten up with repairs. Renters are rough on everything. I honestly had one continue to use a broken toilet for several days before they bothered to tell me it was broken. Other people will call you at midnight to tell the faucet is dripping. It's a rat race I never want to enter again. [/QUOTE]
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Anybody own a rental house?
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