Home › Forums › Closed Forums › Properties or Areas › Lucera Condo – $199k
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briansd1.
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June 29, 2009 at 12:38 AM #422054June 29, 2009 at 12:38 AM #422215
PadreBrian
Participant[quote=sunny88]You forgot the property tax and possible vacancy (min. 1/12th). The bottom line is that somebody else is paying your mortgage and expenses while you’re waiting for the appreciation of the property.[/quote]
TY!
Prop tax: -150 a month.
June 29, 2009 at 9:32 AM #421552sunny88
ParticipantI’m not sure why 1B/1B are dangerous. Do you mean that they are not easy to rent out and to resell? Looks like the rent for a 2B/2B right now is just about 50% higher than for a 1B/1B but the prices are almost 80% higher for a 2B/2B. This should give you a better return on a 1B/1B…
June 29, 2009 at 9:32 AM #421782ParticipantI’m not sure why 1B/1B are dangerous. Do you mean that they are not easy to rent out and to resell? Looks like the rent for a 2B/2B right now is just about 50% higher than for a 1B/1B but the prices are almost 80% higher for a 2B/2B. This should give you a better return on a 1B/1B…
June 29, 2009 at 9:32 AM #422055ParticipantI’m not sure why 1B/1B are dangerous. Do you mean that they are not easy to rent out and to resell? Looks like the rent for a 2B/2B right now is just about 50% higher than for a 1B/1B but the prices are almost 80% higher for a 2B/2B. This should give you a better return on a 1B/1B…
June 29, 2009 at 9:32 AM #422124ParticipantI’m not sure why 1B/1B are dangerous. Do you mean that they are not easy to rent out and to resell? Looks like the rent for a 2B/2B right now is just about 50% higher than for a 1B/1B but the prices are almost 80% higher for a 2B/2B. This should give you a better return on a 1B/1B…
June 29, 2009 at 9:32 AM #422284ParticipantI’m not sure why 1B/1B are dangerous. Do you mean that they are not easy to rent out and to resell? Looks like the rent for a 2B/2B right now is just about 50% higher than for a 1B/1B but the prices are almost 80% higher for a 2B/2B. This should give you a better return on a 1B/1B…
June 29, 2009 at 9:58 AM #421577ParticipantHe means they were dangerous back then because they had a longer way to go to the bottom than the 2 bedrooms. ie less of a market for 1 bedroom condos for ownership.
For rentals, they kick ass…when they are cheap.
June 29, 2009 at 9:58 AM #421807ParticipantHe means they were dangerous back then because they had a longer way to go to the bottom than the 2 bedrooms. ie less of a market for 1 bedroom condos for ownership.
For rentals, they kick ass…when they are cheap.
June 29, 2009 at 9:58 AM #422080ParticipantHe means they were dangerous back then because they had a longer way to go to the bottom than the 2 bedrooms. ie less of a market for 1 bedroom condos for ownership.
For rentals, they kick ass…when they are cheap.
June 29, 2009 at 9:58 AM #422149ParticipantHe means they were dangerous back then because they had a longer way to go to the bottom than the 2 bedrooms. ie less of a market for 1 bedroom condos for ownership.
For rentals, they kick ass…when they are cheap.
June 29, 2009 at 9:58 AM #422310ParticipantHe means they were dangerous back then because they had a longer way to go to the bottom than the 2 bedrooms. ie less of a market for 1 bedroom condos for ownership.
For rentals, they kick ass…when they are cheap.
June 29, 2009 at 11:56 AM #421727ParticipantI agree. Current prices make these condos very attractive as an investment.
June 29, 2009 at 11:56 AM #421957ParticipantI agree. Current prices make these condos very attractive as an investment.
June 29, 2009 at 11:56 AM #422231ParticipantI agree. Current prices make these condos very attractive as an investment.
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