real estate: how are people able to buy property and rent it out to others?

buy my property

My uncle makes money by charging people rent for living in his duplex
how would one go about doing that? what about in another state or country?
please give me a lot of ideas or website links for more
like if I wanted to buy property and make money renting it out to people in Miami
what should I know about this or real estate in general? I just turned 18

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5 Responses to “real estate: how are people able to buy property and rent it out to others?”

  1. Vraag uw Oom! Misschien zal hij u binnen op zijn geheimen laten!

  2. Bien, 1 buena idea despu?s de su compra la caracter?stica es a bueno una asociaci?n de due?os de una casa o algo de la clase mantenerla la forma de la tapa de la extremidad para usted y de tomar el cuidado del mantenimiento. That' s normalmente bueno si you' el re no ir a estar cerca de la caracter?stica de alquiler.

  3. First of all, you have to be in a position to buy a house. The best way to start is to buy a duplex and live in one half and rent out the other, that essentially makes home ownership a little more affordable. Unless you happen to have a lot of capitol to work with right a way, it will take you time(and a good job) to be able to accumulate more properties. Single family properties are the hardest to generate cash flow, though it can be done if you get one at a good enough price. The more units in a property, the more potential cashflow – but also the more headaches. Just remember, being a landlord is not always a walk in the park. Even if you are a decent person and try to be fair, you will quickly become the “bad guy” in a tenant eyes when they are not completely happy. I agree with the other posters that you will need other people around you that have experience. I would also not recommend owning property too far away from you. You need to be able to handle it personally if you want to make any money. If you have to hire managers etc. that will eat into the profits.

  4. zij krijgen een huis en maken geld van het door te huren aan anderen.

  5. Dit is technisch gekend als Buy en Strategie van de Greep.
    Ik begrijp beter met voorbeelden, zodat zal ik met deze strategie gaan.
    Zeg u een huis met $350.000 aan een rentevoet van 5% kocht. Uw wekelijkse terugbetaling is $336.53. Als u kon verhuren het bij zeg $300 dollars, hebt u enkel dit bezit voor pwk slechts $36.53.
    Het grotere voordeel is:
    I) â Op korte termijn ? ? u kan belasting op uw verlies terug eisen
    ii) â Op lange termijn ? ? u krijgt de vermogensaanwasrit. Bezoek om de pret in vermogensaanwas te zien.
    Één woord van voorzichtigheid:
    U zult voor feiten zoals huurbeheer, huisreparatie en één of andere bout van blauw en huurders van hel moeten klaar zijn. Thatâ ? ? s waarom ik adviseer koopt minstens 10 eigenschappen zodat het geld werkelijk voor u werkt.