Want to hear a lyin’ realtor story? I was looking at a foreclosed house for sale with a realtor. I was calculating what I could earn renting it out. Nothing, I would be supporting the renters’ beach lifestyle.
So she says “I have investors in Orlando who buy homes in Titusville (florida)for $60,000, put $10,000 into them then rent them out to Section 8 for $1200 a month!”
I went home and called Section 8 in Titusville. The most they ever pay, ALL bills paid for a big house is $750. Just the AC bill in summer could eat that up. They were dumbfounded at the realtor’s story. Me too!
