| RE:Real estate question... |
Subject: RE:Real estate question... by Mr_Mojo on 2008/2/10 15:50:36 I have a 0% loan on my house. I'm paying my mom cash for it and it was a hell of a deal as well. Currently my fiancee and I are renting her house, but after her lease is up, we will be buying it and letting my dad stay in my house. My neighborhood is going up in value, but teh landlord couldn't sell her house to anyone because of a few issues, but those issues are being taken care of thanks to me. As far as buying more than one house, I have several coworkers who own 5 or more houses and rent them out. Currently in NJ, a 3 bedroom/2 bath house rents for $1800-2000 a month. These guys bought houses way back and did what redwing did. After we buy this house, I'm still keeping mine and will probably rent it out when my dad no longer needs to live there. I'm also going to start looking for Real Estate in Delaware where a little money goes a long way, maybe I can finally buy and keep enough land to build my own go kart track. |
