Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
Are you making enough to make payments on a house????
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Up In Smoke" data-source="post: 5564133" data-attributes="member: 79702"><p>It's a real estate rule where as your rent must cover 1% of the cost of the structure plus repairs. Say a house is for sale at 180k and needs 20k of short term repairs. If you can get 1% or 2000 per month, it's a viable purchase. The inverse is also true. If you can rent a space for less than 1% of the full finance and repair costs, it's better to rent.</p></blockquote><p></p>
[QUOTE="Up In Smoke, post: 5564133, member: 79702"] It's a real estate rule where as your rent must cover 1% of the cost of the structure plus repairs. Say a house is for sale at 180k and needs 20k of short term repairs. If you can get 1% or 2000 per month, it's a viable purchase. The inverse is also true. If you can rent a space for less than 1% of the full finance and repair costs, it's better to rent. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
Are you making enough to make payments on a house????
Top