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Real Estate
Reply to "First investment property"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]The best way to evaluate is can I rent the property out and get income that will cover mortgage payments, property insurance, maintenance, vacancy and taxes. House appreciation is bonus points.[/quote] Op - this is my point. At what pricepoint will it be worth the hassle to do this analysis, get the property, rent it out, and deal with maintenance, compared to just sticking the money in the market and not having to do any work? Is there a big ROI?[/quote] It's not the dividends (income) but the price of the real estate increasing, as long as taxes don't eat you up. [/quote]
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