J
John
Guest
Need some advice from the experienced among you. I am considering purchasing a couple of single family homes as rentals to supplement my near future ER. I have looked at different options and cannot find any reason to not become a landlord.
The plan is to invest enough that the properties will be very positive even if I choose to use a manager. Granted, the returns will be lower, however the hassle factor will be low and the return will still be in the 5% range not counting future appreciation.
On the surface it seems like this is a way to generate income, future growth and avoid taxes. Am I missing something?
Please let me know if I am off base.
JP
The plan is to invest enough that the properties will be very positive even if I choose to use a manager. Granted, the returns will be lower, however the hassle factor will be low and the return will still be in the 5% range not counting future appreciation.
On the surface it seems like this is a way to generate income, future growth and avoid taxes. Am I missing something?
Please let me know if I am off base.
JP