Quote:
Originally Posted by Mallory Voice
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
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Wow, even my millennial daughter just bought into The American Dream, despite what her generational peers think. I taught her right. The only way middle income folks can build wealth is through home ownership.