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Old 08-26-2016, 01:58 AM  
MrMaxwell
Too lazy to set a custom title
 
Industry Role:
Join Date: Jul 2005
Posts: 10,057
Quote:
Originally Posted by Bladewire View Post
After living in huge houses for years I finally said fuck it and started renting. I'm right at the beach $2,200 a month and everything is taken care of. Renting cut down on my stress a lot and I feel more a part of the community
They had some amazing deals on income property at NPB when I was there
Most were 4 and 6 unit and they were making a fortune doing weekly rentals
And you could buy one south of 1,000,000
One was even in the mid eight hundreds

For what they were getting on weekly rents if you could keep your occupancy rate reasonable EACH ONE unit would service your debt on the whole property

I don't know if it's still like that but wow
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