It is the worst time. Prices are hugely inflated because of the long bull run and weird period of low interest rates. Now interest rates are back up and there is political pressure to regulate the housing sector. Also worth remembering that the recent period of high prices, low availability, and ongoing price appreciation is freakish. Over most of history residential real estate has been a depreciating asset that has modest margins and requires constant upkeep. What we are seeing now is a reversion to the mean across the board which will be very difficult for even well positioned landlords.
m0llusk
joined 1 year ago
Didn't Mint just go under with a glub trying to do that? This has huge security and liability implications. If you are serious then you need to find some way to narrow this down to the point you have a subset to start with.
Income tax preparation alone is a battlefield. Maybe save that until you have the advice part working for some identified demographic.
What often works is to get a job, provide for family while saving up, then try again when there is enough capital to enable your experience to deliver success.
rich parents