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Old 09-07-2013, 05:32 PM
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Question about small landlording in lower priced Rental markets

How do they make their money? LOLZ. Yes, by collecting rent, but I imagine most of the variable and fixed costs are about the same as in the higher priced markets. I am sure they all shop at home depot for everything. Things like fuel and, water, I imagine are pretty uniform across the country arent they? Where in the assets, and liability statement do they save more money than a small landlord in a more high priced rental market?
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Old 09-08-2013, 11:15 AM
Location: North Idaho
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Costs are not the same. Buildings cost less which makes the mortgage payment lower., Property taxes are less because the real estate is worth less. Insurance is less because the building isn't worth as much so is not insured for as much.

Repairs are probably more because the lower the income of tenants, the more likely they are to be destructive and/ or dirty. Not all of them, but a good large percentage of them.
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