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re: Rental property question
Posted on 1/9/20 at 11:06 am to Peejack84
Posted on 1/9/20 at 11:06 am to Peejack84
quote:
A quick evaluation of a property is that the total rents need to be at least 1% of the purchase price. I try to stay around 1.4%
Exactly why I think renting a $370kish house for $2250 isn't worth it.
I'll give them a listen but with a toddler and a fulltime job, I want to be as hands off as possible. It took me years or learning and research to understand the stock market, just don't have the time or energy to learn real estate that well. Wish there was a way to just have decent properties sent to me and I just provide the money haha.
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