Surprised by the cheap rent prices I’m seeing in comments.
I own a 2 family, granted in nice neighborhood and it’s new construction, but my tenants pay 2500 and 3000 respectively.
Edit: FWIW, that barely covers the mortgage and leaves me with about $150 “profit” which is spent in repairs or snow removal and the cost of that goes well over that amount.
Internet_Two_Cents t1_j1ip0eq wrote
Reply to It’s a Christmas miracle… Landlord lowered our rent unexpectedly..? by ScuttleCrab729
Surprised by the cheap rent prices I’m seeing in comments.
I own a 2 family, granted in nice neighborhood and it’s new construction, but my tenants pay 2500 and 3000 respectively.
Edit: FWIW, that barely covers the mortgage and leaves me with about $150 “profit” which is spent in repairs or snow removal and the cost of that goes well over that amount.