Why is this the business you want to get into? Arbitrage (what a rental business is) is notoriously high risk, thin margins. Sure when it works it can be great, but when it doesn't it can ruin you. You're laying out capital to purchase a depreciating asset while having to hustle constantly to bring in revenue from it while praying nothing goes wrong.
Why is this the business you want to get into? Arbitrage (what a rental business is) is notoriously high risk, thin margins. Sure when it works it can be great, but when it doesn't it can ruin you. You're laying out capital to purchase a depreciating asset while having to hustle constantly to bring in revenue from it while praying nothing goes wrong.