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Reply to "How does your family survive making under 200k hhi"
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[quote=Anonymous]population will continue to increase, if at slower rates. at 320 million, even .08% is another 3 million a year. they need to live somewhere. real estate is fine. people always forget LEVERAGE when it comes to real estate. you only put down 20%. So the ROI is based on cash, not total price. I just bought an investment property for about $150K in a lower priced market. I put down $30K, plus another $10K in closing costs and expenses. I'm only clearing $300/month in cash flow, but once you add in paying down principal and appreciation, the cash on cash return is sick.[/quote]
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