Why I Quit Being a Landlord - Rental Property Investing - How to Invest in Real Estate

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For those viewers who are interested in rental property investing and cash flow, here is a video of why I quit being a landlord and let the professionals do it for me. If you want to learn how to invest in real estate please follow this channel and like the content if you found value in this video.

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DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.
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I have always been interested in what happened in Detroit, and seeing it move forward is great. Emilio, you are great on camera and I am enjoying watching your videos.

JC
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I’m a landlord myself and it’s time now for me to be done with it because it’s hell

techworld-kclt
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Great job. Straight to the point, straight up facts! 🎤 Keep on moving on!

gofinz
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That’s for the videos! Boyfriend and I are 25 moving to Detroit from CA. We are excited to actually be able to afford real estate. I’m going to binge your videos to get the best idea on where to start. We’ll be moving to detroit this summer

KarinaNimer
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The biggest problem with your position is you won’t be able to take real estate professional status for schedule E.

markpoultonsrules
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being a landlord is shyt. i'm slowly quitting. I just sold one property. I still have another one, and i dont wanna sell it now as capital gain is really high now.

tigres
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Omg this is my experience! I tried to manage three Florida properties from LA on my own - stressful! I found the best property manager - saved me money and stress free - do you have a video on finding a good property manager in Detroit?

micheleduffy
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Good for you. You made the right decision.

twinsoultarot
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Great info. Thanks for continuing to sharing.

VSSpeaksRoyally
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I’m moving BACK to Detroit from
California and I want to invest in apartments and buildings more than houses. Would love to learn so much more from u.

ashleymathaw
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I ABSOLUTELY enjoyed this video as with the last one where you did something different ( walking the streets of downtown ) I had only ONE property ( a VERY SOLID structure that I REALLY enjoyed owning ) but usually just rented to family and some that weren’t ... I ended up selling 5 years after I had moved out because I it was just difficult to go and even cut the grass, and i wasn’t even renting it out that whole time .. that made me thing I’m not cut out for that type of business...but I was wondering if I could ask what are some GOOD tips for finding GOOD RELIABLE contractors . If you are willing to share ? I know it is said word of mouth and I suppose ANGIE and other web sites ... I’ve had problems even getting folks from near suburbs to come for estimates.. And I live in what would be considered a decent area ( Green Acres ) this question may help some of your other viewers THANKS in ADVANCE !

brucebeamon
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Hey bro for the pros sode...wouldn't it make sense to have an LLC for the property investing company and a separate LLC as a property management company and pay yourself to manage your own investments...so you can double dip on the taxes legally bc you have 2 separate companies.

SuperMaxCarp
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Caveat. If you’re in the construction trade self management is the best way to go. Also, processes are your friend. If payment is 5 days past initial due date then start eviction process. No empathy required. It’s just business and we’re all adults. Thank them when they call with problems so you can address them quickly. And then address them quickly. Whether that’s calling a plumber or doing it yourself. Get you a maintenance guy. Give him a free apartment and treat him like a partner. With all that set up then you just do what you enjoy doing.

clarkewegener
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Another wholesaler. That’s all you need to know why he failed. We know the pros and cons.

jonathanheil
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You know im im young guy and i want to be a land lord. All these videos the comments are people complaining and claiming their quitting. Not sure why that is but i see a few common issues. People who try to landlord a property out of state have the worst of times. People who have very little construction skills themselves struggle alot to. Lastly are bad tenants make even the best landlords struggle

datadash
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Can you explain your business model on how you can help me as an investor if we work together. Are you a project manager essentially?

gvfb
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Hey Emilio, can you refer this property management person? Thanks!

j.p.
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If you’re too nice, get a property manager

priceandpride
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What do you recommend if you have an issue with your property manager. I wanted to submit a complaint but she refused to give me the property management companies corporate number.

Caseyjones
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Hi Emilmo 👋 how are you today and wonder do you have any properties that you owned please

ceeceebess