View Single Post
Old 12-29-2005, 04:00 PM  
SinisterStudios
Confirmed User
 
Join Date: Nov 2003
Location: New Joisey
Posts: 3,087
It really depends on the area your in, Im in NJ and have rental properties that i bought before the boom. The properties have more than doubled in price, while rents have stayed low. With inflation and higher interest rate rents tend to go up, so this is actually not a bad time to be a landlord with rates going up and the same with inflation. I make about $500 profit per property per month, i put $30k down on each house when i purchased them.

Hope that helps some
__________________
SEOIP.com
Multiple IP Webhosting
Shared and Dedicated IP's - Multiple Class A's - From $1.99/ip

Last edited by SinisterStudios; 12-29-2005 at 04:01 PM..
SinisterStudios is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote