Why is everyone considering rentals as a source of income. The selling price of a rental property is PRICED to the income it generates and the present interest rate.Since rates are low, the selling price of a rental will be high - to the point where it may be better to wait until interest rates increase and depress the rental selling prices. Does anyone think that the owner of a rental unit will sell it for anything less than they can get ! - they will have already calculated the present worth of the property based on tax benefits, rental income, etc.. No deals are that easy as everyone seems to be expressing - i.e. " I will just get a rental and ......". Finance does not work that way.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. M