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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: MulhollandDrive who wrote (3226)7/8/2002 1:13:02 PM
From: TheStockFairyRead Replies (1) of 306849
 
Just called my property management firm. No rent increases this year. Woot!

My rent is $1k per month, I'm not building any equity and I don't have any tax advantages on the property.

Comprable payments (without taxes) is $160,000 house.

If I stretched a bit, I could purchase this home for $179,000, I'm sure I'd get in a bidding war though.

mlsni.com

What do ya'll think? Should I go for it? Should I get an inspector for the house?
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