I was gonna ask your opinion

本帖于 2009-10-08 23:38:26 时间, 由普通用户 BayFamily 编辑

Would you sell if you were me, jy101?
Since I don't have that much cash to invest, I can only get one. If I hold on and rent, it'd rent for $600. After tax, ins, manage, repair, vacancy, I'll probably end up with $3-400. But it takes more than 4 years to get $20K.
Also, there are much less cheap houses available. I'm hoping there would be more after the 8K credit expires.

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back when I still fliping, for every two I flip, I kept one. -jy101- 给 jy101 发送悄悄话 jy101 的博客首页 (0 bytes) () 10/08/2009 postreply 21:38:18

bottom line is, you need the capital to reach scale. -jy101- 给 jy101 发送悄悄话 jy101 的博客首页 (0 bytes) () 10/08/2009 postreply 21:41:01

how you can use IRA for expense? you have to -寒晓- 给 寒晓 发送悄悄话 (206 bytes) () 10/08/2009 postreply 21:41:57

Only special IRA guardians can do that -sunskitehomes- 给 sunskitehomes 发送悄悄话 sunskitehomes 的博客首页 (159 bytes) () 10/09/2009 postreply 06:41:04

basically, the guardian writes checks for everything -sunskitehomes- 给 sunskitehomes 发送悄悄话 sunskitehomes 的博客首页 (114 bytes) () 10/09/2009 postreply 06:51:10

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