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So You Want to be a Landlord? Pick a niche....
So you want to be a landlord?

Are you sure?
 
Are you ready to chase down tenants that don't pay?
 
Are you ready for calls to fix toilets at 8am on a Saturday morning?
 
Are you ready to pay your mortgage payments even if you're not getting rent?
 
If I haven't scared you off from your dream of being a landlord...keep reading. If I have.... thank me now because there are alot of expensive lessons that can be learned along the way. I just did you a favor.
In this new series...I'll go through the steps of becoming a landlord. From picking a niche to analyzing the numbers to property management. In this first step...I'm going to discuss why it's important to pick a niche.
 
Big Fish in a Little Pond
The old saying..."I'd rather be a big fish in a little pond, rather than a little fish in a big pond" has a lot of meaning in the real estate investing world. Investors need focus. Chances are if you want to be a landlord it's because you want the long term financial independence that cash flow real estate gives you. To achieve ... more

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