I quote in your own words â??committment, sacrifice, and ballsâ?? to iesnvt that additional paper equity into 3 more properties now at todayâ??s insane prices around Seattle?How do you mean insane prices? I don't hold long term. If I did yes there are many properties that I have looked at that are good properties very reasonably priced.In the long term it's about cash flow. It's about paying the property off. It's about hard dollars going in for a return in the future.As you buy it's about rental income. How are you going wrong with that? Are rents going down? Have rents really gone down that much in the past year? I've heard some landlords say they are raising rents because people can't buy.So even if you bought at the top of the market in 2007 with rental in mind that's how you structured your offer.Today, hell yes, there are good properties for sale. I've heard some people are paying $2200 to $2400 to rent a house. How insane is that? Rate this comment: 0 0
by Sabine 03:07:59 AM 2012.09.02 |