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Join Date: Feb 2006
Location: Maryland
Posts: 22,290
Quote:
Originally Posted by Joe Ricard View Post
Yea the rent would be around 1100 a month. The note with taxes and insurance 695.00 So yea I shouldn't be losing any money.

It's a 1800 sq ft. 3 bed room 2 full bath 2 car attached garage. 1/2 acre land.
jebus effing ***** you'd be an absolute jackass to do any but rent it out with #'s like that.

it would have cost me about $300/mo to rent out my first home (rent net of mtg, taxes, etc) but we sold it. i regret that. and not entirely because prices went through the roof but because accumulating real estate is how long term wealth is created.
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Well i had #6 adjusted perfectly but then just before i tightened it a butterfly in Zimbabwe farted and now i have to start all over again!
I believe we all make mistakes but I will not validate your poor choices and/or perversions and subsidize the results your actions.
Old 05-27-2008, 10:26 AM
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