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because i thought that by doing that the money you get from the rent you can invest it in another house and rent that one too, and so on because im kind of hessitant of gettin into a restaraunt or something like that because you dont know if people will eat there or if it might not work?also how about owning a gasoline station how much do you think it will cost and will it be a smart buissness because gasoline is always going up in price thankssssss

4 Thoughts on what is the best buisness to invest in i was thinking buying and renting houses?
  1. Reply
    July 20, 2011 at 7:46 am

    With a lot of people losing their homes they will be renting

  2. Reply
    piet lul
    July 20, 2011 at 8:40 am

    they are cheap right now.

  3. Reply
    Faw Kif Ino ™
    July 20, 2011 at 9:10 am

    It depends where you live.
    The housing market is pretty good for buying foreclosures right now in most states. Check out prices. In Canada you will have to research your province. If you have lots money housing is short in Alberta right now.
    I think you have a great idea, but remember you are responsible for all maintenance of these houses, you don’t want to be a slum landlord and let them fall apart so choose your first house wisely. Make sure all the updates have been done unless you are willing to do them yourself. Also you have to choose your tenants with care. They can be the biggest pain you will ever know. Right now non payment of rent and squatting is a big problem. So be careful and never rent without a full background check which won’t cost you as much as having renters you can’t get rid of. Read the laws. Be knowledgeable and Good Luck

  4. Reply
    Shabi L
    July 20, 2011 at 9:45 am

    Hi, i recommand you a good and basic tutorial for investing. it covers all Issues related to your Investing and everything around it.

    wish it will help you.

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