A little landlord story for you: I was told that running your property at low rent would decrease stress, and increase longevity of your property because you will get tenants that are unwilling to leave due to the low rent. I have found the opposite, and I have gone through quite a few tenants to figure this out. When you offer someone a killer deal, rarely do you get the killer client, its not the person that you are hoping to get to buy your product. You end up getting the low end bargin hunter "chip on thier sholder" entitiled buyer. Nay sayers will argue that rent is different than other products, I disagree, I've seen it across many difffernt things. I just happen to have personal expierence with renting at well below market costs hoping to make up the difference in long term stable tenants that take care of the place. Let's get into the psychology (at least my version of it) John Doe looking for a place to rent, can afford about $1200, thus they are not we...
Financial Freedominzing using the principles of Five Years From Now FYFN and Financial Independence Retire Rich FIRR