Quote:
Originally Posted by HejiraNYC
I used to have a townhouse condo just outside of Atlantic City. I originally bought it as a favor for a friend whose mother was having marriage problems... long story... But once she moved out, it was an ongoing series of drama. Repairs. Turnover. Fines from the condo board for broken rules. Late/non-existent rent payments, etc. Ugh. That sh*t's for the birds. And being 115 miles away didn't help matters either. Fortunately I sold it at the peak of the housing bubble!  It was a pretty good investment that gave back 100%+ returns after less than six years, but I did something incredibly stupid to buy the place- I took out massive cash advances on my credit cards for the down payment and closing costs! Never will I do that again!
Okay, spill the beans... You're getting a nose job, right? |
I've had good luck with my rentals. I only had one unit vacate, this year(which was a low record), and I've not had to evict anyone, for about 4-5 years now.
I can't imagine being able to take care of them, if I didn't live nearby. I USED to live in one of them(they're all next door to each other), and my tenants drove me CRAZY. Not with complaints, just bothering me. I'm a nice guy, and I couldn't walk out my door, without "Hey David, come here"
So I moved 8 miles away, where they can't bother me!
No, no nose job. I like my funny little, turned up nose. I'll just say it involves laser dermatology.