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Politics : Ask Michael Burke
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To: BGR who wrote (78400)3/23/2000 9:42:00 AM
From: Mike M2  Read Replies (1) of 132070
 
BGR, allow me to explain what motivates a landlord . They are not out to provide subsidized housing to the community at large -the gov't does that when it deems it necessary. When you purchase a rental property you seek to get a decent longterm return on your investment with minimal negative cash flow ( positive is even better but not very easy to find around here) . As you know the higher the purchase price the higher the mortgage so how does one offset this ? RENT INCREASE ho ho ho those evil landlords. mike
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