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Carlton Sheets, Beginners, Courses, Gurus, General Forum
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Do you know anyone who owns 100+ SFH rental houses?
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Topic: Do you know anyone who owns 100+ SFH rental houses? (Read 1674 times)
campbellgroup
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Posts: 519
Re: Do you know anyone who owns 100+ SFH rental houses?
«
Reply #15 on:
June 25, 2007, 11:28:14 PM »
Folks it all boils down to this. You can write whate ever you want in your lease. But when you get to the court room its all a matter of how the judge feels about the intention and the legality of what is on that paper. And believe me just because its legal doesnt mean squat if the judge doesnt like it.
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MIAMI FLORIDA DUPLEX 6/3 + 1/1 House SOLD 4/07 $76,000 Estimated ARV $250,000
CHECK OUT WHATS GOING ON AT WWW.MYFLORIDAREOS.COM, IF YOU WANT TO GET IN ON THE HOTTEST DEALS IN THE COUNTRY NO MATTER WHAT STATE YOU LIVE IN CALL ME 1-888-263-2378
broyston
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Re: Do you know anyone who owns 100+ SFH rental houses?
«
Reply #16 on:
May 01, 2012, 10:58:17 PM »
I've got 55 SFHs all within a 5 mile radius in TX. Looking to grow to 100+.
«
Last Edit: May 02, 2012, 03:45:04 AM by Mdhaas
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cjameson88
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Re: Do you know anyone who owns 100+ SFH rental houses?
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Reply #17 on:
May 18, 2012, 01:26:09 PM »
I own 9
. I have one friend that owns 78, one friend that owns 52, and one friend that owns 72.
Chris Jameson
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Last Edit: May 21, 2012, 08:39:23 AM by kdhastedt
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Chris Jameson
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cjameson@longhorninvestments.com
andydallas
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Re: Do you know anyone who owns 100+ SFH rental houses?
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Reply #18 on:
May 23, 2012, 07:14:13 AM »
having a triple net lease with a single family would be a nightmare,,,you have to make sure the insurance coverage is right, and keep up to date, make sure taxes are paid/protested etc...just escrow the taxes and insurance, and I don't even want most of my tenants to do maintenance, talk about things either not being done or not done right.
Commercial property is easier to manage if you do a triple net lease, but in most cases the returns you get from single family will be better, paying you for your trouble (or just hire a management company, but then that eat into your return
I know (more know of) someone with about 85 single family,,but he has partners in most of the deals
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