it's literally an infinite money hack. why aren't you doing this biz? are you fucking retarded?
1) get a loan
2) use the loan for several properties downpayments for leases (first, last, sec deposit)
3) rent out the properties to other people for more than your loan payments
4) profit
enjoy being evicted when you're retarded tenets act up and you hold the bag faggot
only rent to certain people, problem solved.
still calling to file a police report out of spite because I know what you're doing
Being a landlord is a lousy, thankless, miserable gig. The only way to make money is to rent to upstanding people (which the law makes nearly impossible), or to be a slumlord. There is so much that can go wrong and so much legislation that fucks you and leaves you holding the bag - which is why economic crises always wash out people who do that maneuver
ayo
this is 2005-8 all over again
bruh
>only rent to certain people
civil rights violation, every city in the country has boutique law firms which exist solely to take landlords who try this for every cent they have.
who's going to prove it? you can look at social media, require an application. simply do a little research and make a decision.
>tenets
thats basically what banks do but with money
How do you get the loans? You can't get a business loan for real estate. You could take on mortgages, but then you have to turn that around fast before you go bankrupt let alone get approved for another mortgage. Personal loans...you're probably not getting a personal loan for that much money unless it's through the mob. Best bet for someone going this route is to buy a multi-family home, live in it while you collect rent and save for another property and build up slowly.
Kill yourself
Is there a good website or forum to discuss getting into this side of things? The houses in my area are cheap, the downpayments I could make. I need to learn the finer things of the biz. Rental agreements, applications, tenant/landlord rights
who can actually prove that you discriminate between tenants?
shut the fuck up you stupid faggot
dozens of law firms who specialize in fucking you over retard
are you all literally 12 wtf
go back
Thats basically what WeWork did and when shit went tits up, they got fucked. Hard.
>well I wanted to make sure that whoever rented the property wore the proper socks to protect the carpet. This isn't discrimination they simply wore the wrong socks, I put it in my lease!
I'm sorry you filled out the rental application incorrectly.