The Residential Real Estate Crash Index Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: damainman who wrote (29421)	4/12/2005 9:46:02 AM
From: Les H	Read Replies (3) of 306849

condo flipper glut could produce a flood of rentals. i saw this post on another forum about a condominium complex near my home. most are trying to sell for 500 to 600K. prudentbear.com i then checked the realtor web site for rentals in that complex. the rental listings range from $ 1200 to $ 1700 per month. how does one make a profit on a unit that costs $ 500,000, where the real estate taxes are $ 300 to 400 per month and the condo maintenance fees are another $ 300, when you can only expect rental income of $ 1200?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next