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Thinking about getting rent income and living abroad.

I have my life 100% here in japan. My family is here, my son is here, my job I love is here.

I own a house in America that I’m considering handing over to a rental-maintenance company and letting them handle it while I collect passive income. From what I’ve read this is 8-10% My family used to own a business in Kentucky, and I’ve got some money from there that I could use to buy a few small properties and do the same with if my personal house did well. My house is in a university town, and I’d buy them all in that town.

I’m sure I’m missing something. There must be a downside to doing this but I can’t see it. If I could add $2500 a month or more to my salary life would be so much easier. What am I not seeing?

submitted by /u/kyoto_kinnuku
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/cjlwzh/thinking_about_getting_rent_income_and_living/
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