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Old 12-26-2018, 09:03 PM
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Toymeister Toymeister is offline
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Default Consider demographics

I would buy, here is why: The baby boomers started in 1946 but peaked in 1957. Those boomers will be 62 next year. In 2023 they will be 65. The demand for homes will continue at an accelerated rate for birth years 1958 -1964 Presumably, home sale price will exceed inflation based upon this demand.

As a rule, though, not all homes pay for themselves as rental income properties. Designers vary from 1500 to 2100 square ft. The spread in purchase price can be dramatic but the rent price... Not so much. In large part of depends if you handle the property as a business , or a hobby.

Last edited by Toymeister; 12-26-2018 at 09:11 PM.