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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Live2Sail who wrote (48672)	2/17/2006 8:05:47 PM
From: GraceZ	Read Replies (1) \| Respond to of 306849

Back when I first got out of college I rented a four bedroom row house in the city for "$150 a month, no repairs". That's exactly what the rental agent said when I called to rent it. It was a big house so four of us rented it together. The rent was so cheap that we could care less that the landlord pretty much left us to fend for ourselves. We did our own repairs. I kept one of those chain ladders in my room so I could get out in case of a fire since I was on the third floor and houses in Baltimore City burn to the ground with alarming frequency. The attic had burned beams, so it wouldn't have been a first for the house. The only problem was that the rent was so cheap it turned us all into derelicts, I could make my share of the rent with less than a day's wages. We had some great parties in that house.