View Single Post
Old 10-15-2010, 06:22 AM  
McSpike
Confirmed User
 
Join Date: May 2001
Posts: 1,042
Quote:
Originally Posted by fuzebox View Post
We looked at some fourplexes, but I just couldn't force myself to want to own a shitty building in a ghetto area... I really don't care if I could make a little bit more per month in rental income, the headache is not worth it to me.

My formula of single family home that rents at 1% of purchase price has worked well for me so far.
you mean your PRICE to RENT ratio is 12 fucking percent??!
McSpike is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote