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Strategies & Market Trends : Options
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To: Poet who wrote (2834)2/13/2000 9:46:00 AM
From: edamo  Read Replies (1) of 8096
 
poet...ot ot ot "rental houses"

sold last year several oceanfront rental properties owned since around 1990.............when all is said and done, i make more money using capacity to sell puts, which are easier to repair, then when a tenant trashes your property!

i find it difficult to obtain better then a 10% cash on cash return on residential rental property, unless you go into the inner cities and buy row homes on the cheap....i have a friend who does this in wilmington delaware, very lucrative, but every friday, him and his gun, go out collecting the weekly (yes weekly, so the tenant can't get far behind)rent
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