Quote:
Originally Posted by french paris
Published: Monday, 14 Mar 2011 | 8:56 AM
Maybe you played too much Monopoly as a child, or maybe you keep seeing deep discounts on foreclosed properties. Whatever the reason, you’re thinking about buying a place and renting it out.
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I plan on reading the article later just dno't have the attention span now just leaving work.
Anyhow, flipping is done with for the foreseeable future but I think buying to rent it out is a viable option. I know personally on my home my mortgage is only $860 a month including PMI, taxes, etc and homes on my block will rent for $1250 on the high end, realistically probably about $1100.
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