Quote:
Originally Posted by rhart
We are coming to TV next year. I seems an annual lease for a $250,000 home is pretty much a wash to buying one. Are we missing something? Looking for 3/2 with two car or 2 1/2 car garage.
Any input appreciated.
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I've been in some sort of real estate for over 30 yrs. Depending on the lease/month amount. Figure that $250k invested and earning 8% would yield $20k before taxes. Upkeep here is expensive not counting countless repairs to appliances, pools, hot tubs, lawn maintenance, bug control, monthly maintenance fees, etc. The list goes on and on......... If we were doing this again here we'd rent and leave all the hassels and repairs to the landlord!! Hope this helps - Mallory Voice
