Focal Point
Negusa Negast
Thank ya for this
I like collecting my rent money but I HATE being a landlord.
I'm kinda fried right now...
But this is a topic that I'm kinda versed on.
Be the nigga on the books who pay the taxes
Even if everything else dumb.... The nigga who pay the taxes will win 10/10 my nigga
When I brought property I only brought it in cities and localities that had potential due to demographics shifting.
In the 90s and 2000s I was buying shit in the metro areas of the South because I knew in 30 years that the South was gonna have a young, upwardly mobile demographic compared to the North, Midwest and the West.
When you invest in something like land and property, you want it to become actualized as soon as possible with the biggest bang for your buck because that's rent income coming into your pocket to reinvest.
Howcome? Dealing with tenants? Delay of payments? Having to fix shit?
What are some of the indicators you look out for when seeing if there is a major demographic shift coming in the places you're looking at?