Quote:
Originally Posted by M4Tejas
You have to be concerned with rent payments. I had 2 houses in Austin and one renter stopped paying. It takes months to remove them. In addition there was some damage to the property. Never again…….its a krap shoot and I am too old now to #uck with it. YMMV.  Depending on factors, you can make good money flipping……cars and homes, with the right demographic $$$. |
All true. The only way to make this truly a passive income source is to invest in REITs. Otherwise, owning a property is anything but passive…