Dabbling in real estate rental isn't much different to dabbling in livestock or farming. We read rants weekly about the"stupid city guy"that bought the place next door. What do you suppose would be the outcome if somone who had never turned wrenches decided to open a tractor restoration shop? You will never be good at much of any thing until you make it through kindergarten of hard knocks.
My suggestion to anyone thinking about rental property is hire on taking care of somone elses property first. Even if you only mow or paint,you will see many of the day to day problems first hand.
Raising race horses is an easy way to make fast cash and I just happen to have a couple I'm willing to make you a deal on. :wink:
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Today's Featured Article - History of the Cockshutt Tractor - by Danny Bowes (Dsl). The son of a very successful Toronto and Brantford, Ontario merchant, and himself quite an entreprenuer, James G. Cockshutt opened a business called the Brantford Plow Works in 1877. In 1882, the business was incorporated to become the Cockshutt Plow Company. Along with quality built equipment, expedious demand and expansion made Cockshutt Plow Works the leader in the tillage tools sector of the farm equipment industry by the 1920's.
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