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Old 11-10-2008, 06:16 PM   #1
Nexus1155
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I'm 21 and still live with my parents and am planning to open a shop in the future, im just looking for some added income.

Half of my family are contractors and my dad does HVAC work, If i ever needed anything done i think i am covered at cost....

I think i might outsource the landlording to a secondary company as that seems to be the smarter thing to do nowadays.

lol firemachine do you not live in the land of dreams i do.....Boston.
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Old 11-10-2008, 06:46 PM   #2
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Quote:
Originally Posted by Nexus1155 View Post
I'm 21 and still live with my parents and am planning to open a shop in the future, im just looking for some added income.

Half of my family are contractors and my dad does HVAC work, If i ever needed anything done i think i am covered at cost....

I think i might outsource the landlording to a secondary company as that seems to be the smarter thing to do nowadays.

lol firemachine do you not live in the land of dreams i do.....Boston.
Outsourced companies get 10-15% of the rent collected plus charge for repairs. That could be a real bad idea and cost you more than you think.

Want to buy at that young age and you will need a downpayment. Start small and just consider a single family when you budget yourself.
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