Thread: Rookie Landlord
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Old 04-26-2016, 10:23 AM   #21
BigV
Goon Squad Leader
 
Join Date: Nov 2004
Location: Seattle
Posts: 27,063
Thanks glatt. What you say is true, it's a gross understatement. But like I said, I do want to keep it. And both paths still require work, even the shit work of "moving". So, I'm not reducing my immediate workload.

We'll see how this renting deal works out. At the moment, I don't see much profit. No loss, just about break even, not counting the equity gain for me.

Ultimately, I'd like to have it become a income generating going concern. That's not a stretch, lots and lots of examples here and everywhere of doing this successfully. The hardest part, I imagine, is this period. The first time, and the startup. Like I said, I'm a rookie. I'm almost certainly doing things, maybe most things, the hard way.
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