Posted by John J on March 13, 2000 at 20:55:54:
On that amount I give them $50 per month credit. This is how I explain it to them:
If they were to take out a mortgage for a certain amount and their P&I payments were $950 per month then about $50 of that would go toward principal. $900 per month is a reasonable return for you on the amount that you have invested. A lot of people give much higher credits, but I’ve never had any problems the way I do it.