View Single Post
Old 12-29-2005, 05:27 PM  
SomeCreep
:glugglug
 
SomeCreep's Avatar
 
Join Date: Mar 2003
Location: Where the Wild Things Are
Posts: 26,118
Quote:
Originally Posted by SinisterStudios
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
What was the price of each house that you put $30k down on?
__________________

Webair Hosting

I use and recommend Webair for hosting.
SomeCreep is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote