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SVTPerformance's Chain of Restaurants
Road Side Pub
Who's in the rental house business?
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<blockquote data-quote="colin450" data-source="post: 16166863" data-attributes="member: 21840"><p>I bought a 2-family in the town that I live in back in 2013. One tenant was there when I bought, the other I got within the first month, they've been there ever since, no major issues, they've never missed a payment. I make about $1000 per month profit. I sacrificed a couple more years at home instead of moving into the nicer side and built my own house 2 years ago. Rental income almost pays for the mortgage for the house I live in. </p><p></p><p>Not sure what the market is like where you're from but here it seems like the prices are all too high for an investment property. Especially if you want something a little nicer so people can move right in. Something to consider.</p></blockquote><p></p>
[QUOTE="colin450, post: 16166863, member: 21840"] I bought a 2-family in the town that I live in back in 2013. One tenant was there when I bought, the other I got within the first month, they've been there ever since, no major issues, they've never missed a payment. I make about $1000 per month profit. I sacrificed a couple more years at home instead of moving into the nicer side and built my own house 2 years ago. Rental income almost pays for the mortgage for the house I live in. Not sure what the market is like where you're from but here it seems like the prices are all too high for an investment property. Especially if you want something a little nicer so people can move right in. Something to consider. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Who's in the rental house business?
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