Rigby5
Diamond Member
No, but if I did so, I'd have to drop $10K in repairs to get market value, as opposed to the investors, who are paying my 20% above market value to buy as-is. Not to mention having to pay a cut to a realtor to sell it.
Did the whole landlord thing before. I'd rather listen to ten hours of Trump Speeches or take a bath in a tub full of scorpions.
Yes, and I'd also have to deal with all the landlord drama. Hard pass.
First, in ten years, I plan to be retired and not living in this state anymore.
Second, as I've said, I've done the landlord thing in the past. You have to deal with tenants, and even good tenants are a pain.
I could imagine still being a tenant in the last year where the government told renters they could squat for free.
I often have out of state rental properties.
I then just hire a rental agency, at about 10%.
No problem.
I also would never spend $10k on repairs.
That is when you hire a contractor who then hires the actual workers and charges triple
Just watch the videos and do it yourself or hire yourself based on recommendations.