Investment property
We are residents of TV and are looking to purchase another property as an investment. We are questioning the number of rental properties and wonder about the probability of ours being rented enough to break even for the year. We would be financing and would want to cover the mortgage plus expenses. I guess my question is: Should we expect to rent out more than just January thru March given the availability of many other rentals?
Also, is it unrealistic to assume Brownwood would attract rentals as new as it is?
If you have any insight or thoughts on these questions, I'd be interested to hear them.
Thank you
Reg
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