Hello Everyone....On today's show I talk about being a landlord vs being the bank in your own deals.There are pros and cons of being a landlord, think of the alternative, I'm not saying NOT to be a landlord, wealth has been built that way renting out units.But, investing creatively is another way to go, There is a Lease Option, Owner Financing and subject to existing financing, don't forget some banks are raising their criteria to lend out money to real estate investors.**** Note**** Always seek a professional.Landlord Responsibility Vs Being The Bank TAXES- Not the banker INSURANCE- Not the bankerMAINTENANCE -Not the bankerLIABILITY INSURANCE- Not the bankerAPPLIANCES -Not the bankerTENANT MOVES OUT - Owner Re-sell houseRENT DEPOSIT - Down Payment to BuyLandlord PlusesPossible Cash FlowAppreciationDeprecationBooks RecommendedHold- Linda MckissackThe Art of Owner Financing - Mitch Stephen***Peer 2 Peer Real Estate may be compensated and/or receive an affiliate commission if you buy something through our links, at no extra cost to you.Thanks to our Partner LendencyLoans For Residential Real Estate Investors Friends with a tendency to lendGo Here: https://www.lendency.com/apply?6rng2=William%20Morales (Friends with a tendency to lend)Please go to Apple Podcasts look for us at Peer 2 Peer Real Estate Podcasts, subscribe and leave a reviewKeep the momentum going, Good things will happen.Thank you and Stay safe.

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