GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Forclosures! Another way to get rich...Real Estate is rockin'!

TheJimmy · 06-01-2005, 12:48 AM

PS: what I don't get is....

here's an example, I used to rent a house for about 1900 a month, down the street from the beach here on the central coast of cali....that house to be bought would run around 750k and the average run of the mill house inland is about 450k ish...

with a mortgage on those puppies the way they are now, how in the WORLD can you make cash long term from renting those bishes out? I mean the mortgage on those things is waaaay over what you can rent them for...

are they just flipping them, holding for the seriously long haul or what?

mind boggling...

06-01-2005, 12:48 AM
TheJimmy ICQ- five seven 0 2 5 5 0 Join Date: Jan 2001 Posts: 10,747	PS: what I don't get is.... here's an example, I used to rent a house for about 1900 a month, down the street from the beach here on the central coast of cali....that house to be bought would run around 750k and the average run of the mill house inland is about 450k ish... with a mortgage on those puppies the way they are now, how in the WORLD can you make cash long term from renting those bishes out? I mean the mortgage on those things is waaaay over what you can rent them for... are they just flipping them, holding for the seriously long haul or what? mind boggling... __________________ Investor with 5m - 15m USD to invest. Do you have a site or network of sites earning 50k - 200k a month income? Email your contact and preliminary data to: domain.cashventures (at) gmail.com....Please...no tire kickers...serious offers and inquiries only.