About 35% of Americans – for a wide variety of reasons – don’t own their home. Instead, they rent.
With millions of citizens willing to fork over money to live in a clean, affordable home, in a nice, quiet neighborhood, why aren’t more people real estate investors? And by real estate investors, I mean LANDLORDS! (Remember: flippers and wholesalers are business people and speculators, not investors! If they stopped flipping, their income would immediately drop to zero. Plus, the government taxes the tar out of their profits!)
You gotta admit, the title landlord sounds pretty cool. And getting monthly mailbox money is really neat. And least we not forget, the government doesn’t steal what a landlord earns like it does from W-2 and 1099 wage slaves.
So why aren’t more Americans landlords? Easy answer: Tenants! Have you ever heard a landlord-tenant story that had a happy ending?
Want the stone-cold truth? Can you handle the truth? Kim and I have owned and managed rental property for more than twenty years. In all this time, we’ve…