Quote:
|
Originally Posted by ward
that would never work out here though KC, purchase prices are so high (out of base with rentals) that you would be incredibly lucky if you could even get rentals to break even, most likely even with both sides rented you'd still have to pay some additional monthlies....
when you can't rent the thing out for enough money, the plan falls apart
|
That's the problem here even. A friend of mine bought one and is basically out of pocket each month even with both sides rented. Factor in that he has problematic tenants (pay late, complain, etc...)... one side is also vacant now so he's carrying that while he tries to find a new person to rent it (more money out for ads, time spent showing it, etc...). Not my cup of tea, I don't even know if it would be worth the hassle even if it was making a few bucks month after month.