Posted by Steve on May 24, 1999 at 16:13:30:
Can anyone suggest investment stratagies for the following:
(assuming they will be bought for the puropse of renting)
Single Family Homes
Up to 4 units
Over 4 Units
I am interested in how long I should mortgage the properties for and what type of return I should shoot for.
I get different views from other people - Some say net $150 per unit, others say 10 to 20% return and others say the property should pay for it’s self in 10 years.
I would appreciate any input from the experienced?
Thanks in advance