any suggestions

New comer who learn to invest real estate. Only own one home so far.

Living in a state that town + school tax = 3.8% of house value!!!

Looking at a 2BR town house buit in 2005. Good location with average school district. Most residents are self-living. Not much rental activity in that neibourhood.

2BR appartment rental rate in that area is between $800-1000/mo.

I calculate: even without mortgage, cash flow is only about $1000-2000/Year.

Do you think it worth to invest?

所有跟帖： 

• yes, if you can buy it around $20k -planotx- ♂ (0 bytes) () 04/03/2012 postreply 00:37:31

• 回复：yes, if you can buy it around $20k -ijulie- ♀ (52 bytes) () 04/03/2012 postreply 09:10:22

• 什么地方这么白菜？还是少了一个0？ -一用户- ♂ (0 bytes) () 04/03/2012 postreply 12:05:34

• missing a 0! LOL -ijulie- ♀ (46 bytes) () 04/03/2012 postreply 15:55:34

• May not appreciate fast enough -LaoWong- ♀ (420 bytes) () 04/03/2012 postreply 13:52:42