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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: t4texas who wrote (6253)6/5/2002 3:08:38 PM
From: GraceZ  Respond to of 33421
 
The best renters I have are the ones who have lousy credit and pay the rent a few days late every single month. They wind up living in the house for YEARS because they'll never be able to buy a house. If you get ones with good credit you can guarantee that you are going to lose them when they finally decide to buy a house. Best to go visit them in their present situation before you rent to them. You can tell a lot about how a person will take care of your house by looking at how they live in their present house, also you can tell if they are honest. If you show up at their place and its clear they don't even live there, you know you have a scamster.

Still its definitely not easy money. People who are getting into it thinking that are in for a rude awakening.



To: t4texas who wrote (6253)6/11/2002 12:45:46 AM
From: infopleez  Read Replies (2) | Respond to of 33421
 
I have rentals, too. I've been wondering if the collapse in housing bubble that everyone keeps talking about will affect multi units. Everyone wants to buy rentals now. Is this the time to sell, or will they hold value over primary residence dwellings? It seems that if we have inflation, rentals would be good. What am I missing?