It's definitely profitable but a little more work. Sometimes people don't get along and 1 or 2 people decide to walk out on the lease. My video is more about protecting yourself as a beginner by trying to pay cash for properties! I teach people how to flip and wholesale, and then we take our profits and pay cash for houses. It might take you 3, 4, 5 or more flips but I'd rather you pay cash for a house than to have a mortgage on it. People with no debt can survive the bad times!
👍👍 My wife and I are looking to buy something in Tuscaloosa in the near future. I will be reaching out to you in the coming months!
Here's my calendar link! Let's chat asap so I can keep an eye out for stuff that might work for you and your wife. calendly.com/phil-duke-jr
What are thoughts about rent by room strategy in Tuscaloosa area?
It's definitely profitable but a little more work. Sometimes people don't get along and 1 or 2 people decide to walk out on the lease. My video is more about protecting yourself as a beginner by trying to pay cash for properties! I teach people how to flip and wholesale, and then we take our profits and pay cash for houses. It might take you 3, 4, 5 or more flips but I'd rather you pay cash for a house than to have a mortgage on it. People with no debt can survive the bad times!