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Reply to "invest in rental property in DC"
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[quote=Anonymous][quote=Anonymous]If you’re looking to buy rental properties in “up-and-coming” neighborhoods with problems with crime just buy in Baltimore, where you can get a lot more return on your investment. I bought a house for less than $200k in Remington that has a $1,000 mortgage that I’m renting for $1,750. There is nowhere in DC that I know of where you can get that kind of ROI.[/quote] Yeah. To be a good investment house you never pay more than 100x monthly rent. Also make sure you put it into a LLC. Not your name. [/quote]
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