Quote:
Originally Posted by merrymini
I am very skeptical of these stories where people are making tons of money after a year. You are insuring, maintaining, heating, air conditioning, paying taxes and then closing costs on each house. Sometimes I think people are not doing the math, so I remain skeptical.
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As I and many have posted location, view, prime models sell within days.
2012, Even after capital gains, the ending sale profit $56,000, plus 4 years of rental income. Each home after that six figures pretty normal as long as you have location, view, and model. Younger gens seem to buy sell. My parents in 80s would buy a rental, but not pickup and move every two years to make a profit