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looking to buy a house...
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<blockquote data-quote="Jim Kemp" data-source="post: 479525" data-attributes="member: 13379"><p>I have had them skip out on me. But if you have a duplex and you live in one side it will be hard for them to move out without you knowing.</p><p>As for the return; I only paid 36k for it in the early 80's. I have made somewhere around 400k in rent and had an offer of 150k last month and turned it down. I have never figured out what kind of return on investment that is but I think it is pretty good.</p><p>Also I didn't even figure in the tax savings over the past 30years.</p><p>And this is just one of my four properties, sure you have some headaches but all in all it has been very good.</p></blockquote><p></p>
[QUOTE="Jim Kemp, post: 479525, member: 13379"] I have had them skip out on me. But if you have a duplex and you live in one side it will be hard for them to move out without you knowing. As for the return; I only paid 36k for it in the early 80's. I have made somewhere around 400k in rent and had an offer of 150k last month and turned it down. I have never figured out what kind of return on investment that is but I think it is pretty good. Also I didn't even figure in the tax savings over the past 30years. And this is just one of my four properties, sure you have some headaches but all in all it has been very good. [/QUOTE]
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