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Reply to "investing in rental properties -- any tips or books to recommend?"
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[quote=Anonymous][quote=Anonymous]PP. why don't the numbers work in DC? Expensive housing means people can't afford to buy so they rent instead right?[/quote] Expensive housing is just as expensive for the investor to purchase as it is for anyone else. And said investor has to offer the property at market rate or no one will rent it, so unless the numbers work out just right, there is a very slim margin between what they are paying for the property and what they are being paid in rent.[/quote]
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