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307 Posts in 215 Topics- by 2984 Members - Latest Member: Brayline

March 11, 2010, 10:57:10 AM
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Author Topic: Challenges of managing rentals  (Read 2968 times)
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lizandjer
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« on: September 25, 2008, 12:06:41 AM »
Think the recent market downturn is the perfect time to go on a spending spree snapping up rental properties?  It probably is, but this Wall Street Journal article serves as a cautionary tale about the challenges of owning and more importantly maintaining a large portfolio of rental properties. 

Redbrick Partners Looking to Sell Rental Properties

 
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bobbykorey
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« Reply #1 on: September 25, 2008, 06:56:30 AM »
Quote from: lizandjer on September 25, 2008, 12:06:41 AM
Think the recent market downturn is the perfect time to go on a spending spree snapping up rental properties?  It probably is, but this Wall Street Journal article serves as a cautionary tale about the challenges of owning and more importantly maintaining a large portfolio of rental properties.

You are right Lizandjer... this is the right time to invest in real estates...
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bristol
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« Reply #2 on: December 03, 2009, 08:02:28 AM »
A management company, they can advise you on all the regulations and sort out the legal contracts etc... for you.

Let them deal with it for 6/12 months, you could then always take over the managment if you feel more confident.

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