| View previous topic :: View next topic |
| Author |
Message |
Tiger Beer
Joined: 07 Feb 2003
|
|
| Back to top |
|
 |
matthews_world
Joined: 15 Feb 2003
|
 Posted: Tue Sep 11, 2007 3:50 pm Post subject: |
 |
|
| I'd say if you are into rentals, then time to pick up some cheap properties and have the tenant pay your mortgage. |
|
| Back to top |
|
|
thepeel
Joined: 08 Aug 2004
|
| Posted: Tue Sep 11, 2007 6:16 pm Post subject: |
|
|
| matthews_world wrote: |
| I'd say if you are into rentals, then time to pick up some cheap properties and have the tenant pay your mortgage. |
I'd wait about 6-12 more months for that. Prices are going to drop. And places like Miami and parts of So-Cal are going to be unreasonable for years to come. Miami has a median family income of 26k and a median house price in excess of 350k. That will take a long time to fix.
If you want to buy to rent, look for college towns in rural areas. |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
