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re: Thinking of purcahsing a rent house

Posted on 2/14/16 at 7:39 am to
Posted by KillTheGophers
Member since Jan 2016
6265 posts
Posted on 2/14/16 at 7:39 am to
Posted by Powerman
Member since Jan 2004
162295 posts
Posted on 2/14/16 at 8:31 am to
quote:

Monthly rent of 2% of the purchase price is the criteria I aim for. Well done.


Is it just me or does that seem like really steep rent to charge?

I'd find it hard to believe you could get many people to pay that type of rent.


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