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651: Seeing Greene: Recession Risks, Renting to Family, & Scaling Your Portfolio

BiggerPockets Real Estate Podcast

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Are You Making a Profit on This Property?

People will get themselves into a horribly compromising situation, ok, it's almost like a checkmate. When somebody says to you, are you making a profit on this property? That's letting you see where it's in their mind. You're not getting out of that situation. It's going to happen. The entire concept of fair is actually very subjective. So if your friend or your family is going to rent your house, their idea of fair might be, "You won't treat me like everyone else" And i remember when i bought the ice cream because wouldn't make a normal person pay more than  the landlord did. Well, last year now you're just making up for

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