EPISODE · Sep 4, 2019 · 7 MIN
Can Renting Your House Be A Good Investment?
from The Kris Krohn Show · host Kris Krohn
Is renting your house a good investment? It depends. In order to become a successful real estate investor, you need to start with the end in mind. Every time you buy a house, it needs to be viewed as an investment—determine whether it will be something you rent to make money, or something you’ll be selling to make money. Renting is a brilliant idea with the right kind of investments because when you have enough homes that are generating cash flow, you have dependable residual income coming in every single month. Kris Krohn explains the situations when you should rent, and also talks about the times when selling is the better option.
What this episode covers
Is renting your house a good investment? It depends. In order to become a successful real estate investor, you need to start with the end in mind. Every time you buy a house, it needs to be viewed as an investment—determine whether it will be something you rent to make money, or something you’ll be selling to make money. Renting is a brilliant idea with the right kind of investments because when you have enough homes that are generating cash flow, you have dependable residual income coming in every single month. Kris Krohn explains the situations when you should rent, and also talks about the times when selling is the better option.
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Can Renting Your House Be A Good Investment?
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