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PadreBrian
Participant[quote=danthedart]http://piggington.com/images/dec08pmttorent.gif
That chart seems to suggest that the rent to price ratio is the lowest it has been in recent history for SD. Perhaps this is the reason demand is so high?
If you use the 20% down to calculate the rent to price ratio… do you need to calculate the opportunity cost in putting that much capital down? That’s what an investor would do. [/quote]
I haven’t seen that one yet.Participant[quote=danthedart]http://piggington.com/images/dec08pmttorent.gif
That chart seems to suggest that the rent to price ratio is the lowest it has been in recent history for SD. Perhaps this is the reason demand is so high?
If you use the 20% down to calculate the rent to price ratio… do you need to calculate the opportunity cost in putting that much capital down? That’s what an investor would do. [/quote]
I haven’t seen that one yet.Participant[quote=danthedart]http://piggington.com/images/dec08pmttorent.gif
That chart seems to suggest that the rent to price ratio is the lowest it has been in recent history for SD. Perhaps this is the reason demand is so high?
If you use the 20% down to calculate the rent to price ratio… do you need to calculate the opportunity cost in putting that much capital down? That’s what an investor would do. [/quote]
I haven’t seen that one yet.Participant[quote=danthedart]http://piggington.com/images/dec08pmttorent.gif
That chart seems to suggest that the rent to price ratio is the lowest it has been in recent history for SD. Perhaps this is the reason demand is so high?
If you use the 20% down to calculate the rent to price ratio… do you need to calculate the opportunity cost in putting that much capital down? That’s what an investor would do. [/quote]
I haven’t seen that one yet.Participant[quote=oxfordrick]No good deed goes unpunished.
Anyone who rents property quickly learns that no good deed goes unpunished.
Collecting back rent is very hard – no incentive for anyone without superb credit to pay – just collect as much as you can, hand deliver the 3 Day Notice to Pay Rent or Quit for the balance, if they don’t pay timely initiate Unlawful Detainer, that should get their attention.
Once in a blue moon money will be paid, failing thta proceed to eviction and find new paying customers.
Good luck!
[/quote]
^^^^^^^^^^^^^^^^^^^Participant[quote=oxfordrick]No good deed goes unpunished.
Anyone who rents property quickly learns that no good deed goes unpunished.
Collecting back rent is very hard – no incentive for anyone without superb credit to pay – just collect as much as you can, hand deliver the 3 Day Notice to Pay Rent or Quit for the balance, if they don’t pay timely initiate Unlawful Detainer, that should get their attention.
Once in a blue moon money will be paid, failing thta proceed to eviction and find new paying customers.
Good luck!
[/quote]
^^^^^^^^^^^^^^^^^^^Participant[quote=oxfordrick]No good deed goes unpunished.
Anyone who rents property quickly learns that no good deed goes unpunished.
Collecting back rent is very hard – no incentive for anyone without superb credit to pay – just collect as much as you can, hand deliver the 3 Day Notice to Pay Rent or Quit for the balance, if they don’t pay timely initiate Unlawful Detainer, that should get their attention.
Once in a blue moon money will be paid, failing thta proceed to eviction and find new paying customers.
Good luck!
[/quote]
^^^^^^^^^^^^^^^^^^^Participant[quote=oxfordrick]No good deed goes unpunished.
Anyone who rents property quickly learns that no good deed goes unpunished.
Collecting back rent is very hard – no incentive for anyone without superb credit to pay – just collect as much as you can, hand deliver the 3 Day Notice to Pay Rent or Quit for the balance, if they don’t pay timely initiate Unlawful Detainer, that should get their attention.
Once in a blue moon money will be paid, failing thta proceed to eviction and find new paying customers.
Good luck!
[/quote]
^^^^^^^^^^^^^^^^^^^Participant[quote=oxfordrick]No good deed goes unpunished.
Anyone who rents property quickly learns that no good deed goes unpunished.
Collecting back rent is very hard – no incentive for anyone without superb credit to pay – just collect as much as you can, hand deliver the 3 Day Notice to Pay Rent or Quit for the balance, if they don’t pay timely initiate Unlawful Detainer, that should get their attention.
Once in a blue moon money will be paid, failing thta proceed to eviction and find new paying customers.
Good luck!
[/quote]
^^^^^^^^^^^^^^^^^^^Participant[quote=Eugene]No, it basically reduces your taxable income by the amount you pay in interest and property taxes.[/quote]
^^^^^^^^^^Participant[quote=Eugene]No, it basically reduces your taxable income by the amount you pay in interest and property taxes.[/quote]
^^^^^^^^^^Participant[quote=Eugene]No, it basically reduces your taxable income by the amount you pay in interest and property taxes.[/quote]
^^^^^^^^^^Participant[quote=Eugene]No, it basically reduces your taxable income by the amount you pay in interest and property taxes.[/quote]
^^^^^^^^^^Participant[quote=Eugene]No, it basically reduces your taxable income by the amount you pay in interest and property taxes.[/quote]
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