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re: $500k to invest. What does the MB recommend?

Posted on 8/27/13 at 2:29 pm to
Posted by beaverfever
Little Rock
Member since Jan 2008
32807 posts
Posted on 8/27/13 at 2:29 pm to
I wonder if you buy a 300-400k condo in the gulf if you'd have problems keeping it rented out.
Posted by FootballNostradamus
Member since Nov 2009
20509 posts
Posted on 9/7/13 at 12:21 am to
quote:

I wonder if you buy a 300-400k condo in the gulf if you'd have problems keeping it rented out.


It goes in swells. You better be willing to look at it like a longterm investment because year to year it can be extremely different. Over the last decade I'd say we're looking at probably 6% since we started renting.
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