Home › Forums › Housing › Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. › sdrealtor wrote:I’ve got a
[quote=sdrealtor]I’ve got a property well under $200K on the market that can generate $2,000 per month in rents without any HOA or MR fees.[/quote]
What’s the caveat? It needs $50k worth of work to be habitable? Maybe the $2,000 is slightly exaggerated and closer to $1,800?
I’m not being sarcastic – if your numbers are accurate, it wouldn’t last a day on the market. Hell, I’ll make an offer right now.
