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austin8979
SoWal Guest
Sometimes people ask, "With all the challenges and frustrations that come with the land lording business, when you weigh the pros and cons on everything is it really worth it?"
Sometimes people ask, "With all the challenges and frustrations that come with the land lording business, when you weigh the pros and cons on everything is it really worth it?" My response is that I have been a landlord for 25 years and I absolutely love the business. Sure, I've had bad days, but not enough to throw the towel in. Over the years, I've had people tell me, "I could never be a landlord." They've watched me, cut the lawn, paint the house, shovel the driveways and walks, clean up after tenants and prepare the apartments for the next tenant. Now I watch THEM go to work every morning and come home every night because I have retired from my J-O-B. All because of real estate. My family and friends now say, "I wish I had done what you did." I wish they did too, because now it's tough finding people in the middle of the week to play golf with!
Steve Arons, OR
The first step, young Danielsan, is wax on wax off. Then sand the floor. Finally paint the fence. Then you too can be successful investor like Miyagi.
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Good for you Steve. But since the "Way-Back Machine" hasn't been fully developed for public sale, folks wanting to invest in Florida rental property at today's early-post-bubble prices will find it impossible to be cashflow positive.
Steve things are not as bad as some say.