May not appreciate fast enough

來源: LaoWong 於 2012-04-03 13:52:42 [] [舊帖] [給我悄悄話] 閱讀數 : (420 bytes)
回答: any suggestions 由 ijulie 於 2012-04-02 20:27:18

Given the high (!!!) property tax rate home value has been depressed.  It probably won't go up fast in the near future.  Therefore your focus is on cash floww.  $2,000/year return on a $16,000 house is 12.5% which is great.  If you can handle the trouble of finding tenants, repairs and evictions then this is a great cash flow investment.  Not a good on for apprecation.

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