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Politics : Formerly About Advanced Micro Devices
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To: Road Walker who wrote (473414)4/20/2009 9:53:40 AM
From: tejek  Read Replies (2) of 1575984
 
In the end, my total cash investment was $47,000. Payments -- taxes, insurance, everything -- will be $750 a month (plus any repairs). If my tenant pays me for a year, I'll get a 9% return, not including tax advantages or price appreciation. If being a landlord is a hassle, the hope of a 9% return will ease the pain.

When he sells......5 years down the road is when he will make his killing.

BTW NBC Nightly News reported on FLA housing last nite. That means the bottom is in FLA. Already they said prices are moving above $150k because of demand.
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