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Should I buy more condos for investment?

(2006-09-27 18:08:32) 下一個
I'm living in Houston, Texas medical center. The condos in this area is kind of hot. Easy to sell, easy to rent out. my complex
is a very good location, the 2BR&2BA is about110k condo can rent for 1k, the property tax and maintaince cost about 400-450/m, the 1BR&1BA is about 65k-70k, and the rent about 700. Sometimes I'm thinking about to buy few more for investment, but I'm a single girl, maybe is that too much? I know a good handy man who can help me and asks for reasonable fee if there is any problem with the condos. I paid cash for the first condo and my income is not bad. I read one article few days ago, someone says if the rent is the 10% of the house, it is ok to invest.Could anyone give me some ideas?
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