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To: where's_the_Outrage?

Rental is very difficult to make money if you have a mortgage.


2 posted on 03/02/2024 4:20:36 AM PST by Jonty30 (I may not know as much about American history and law as I like, but I know more than most liberals.)
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To: Jonty30

At 8% mortgage and leveraged 80% it is. At 3-5% mortgage and leveraged 50-60% its fairly easy to make money. They are work though and there will be repairs. Usually should set aside 5-10% of rents for maintenance and repairs depending on the property type (house, condo, townhome) and age.


49 posted on 03/02/2024 6:47:13 AM PST by rb22982
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