Remove Bankruptcy Remove Finance Remove Property Management Remove Renovation
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Passive Income Ideas: 25 Ways To Earn More Money In 2020

Marco Santarelli

Some people chose the fix and flip approach because they don’t want to find tenants or maintain properties. You can solve this problem by outsourcing that works to a good property management company. What if your end goal remains selling the property? If they choose bad tenants, there’s no income and you have limited say.

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Residential vs Commercial Real Estate Investment: Which is Better?

Norada Real Estate

Furthermore, you could lose commercial tenants whose bankruptcy costs you months of back rent. Many contractors know how to renovate homes. All they have to do is get a handle on the financial side and the marketing of property for sale. Real estate profits are not taxed until you sell the property.