Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Real Estate
Reply to "First investment property"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]We bought a townhome in a prime area in DC 12 years ago for 750k. We invested about 100k in it and lived there for 5-6 years. When we moved out, we decided to rent it out. Now the house is probably worth 1.1/1.2 mil and we rent it for 6k. We could increase the rent a bit, but we prefer to find tenants quickly and never have more than a week in between tenants. So far, it has worked out great. We occasionally have to do some small repairs and had to replace the washer. Other than that, the rent is almost double what we pay in mortgage.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics