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Real Estate
Reply to "How to make up rent difference"
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[quote=Anonymous][quote=Anonymous]If you have a mortgage in unit your monthly principal part of payment is not a cost. But why does cost matter? I owned a place only costs me $800 a month and market rent is $2,400. I have no mortgage. I gladly take less of market in this situation. Maybe even rent it 2k a month. But my cost is irrelevant. What if my cost was 3k a month [/quote] Well, money stuck in property is money you cant invest so still a loss if renting at below market.[/quote]
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