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Are rentals are cheaper in expensive markets than buying now?
Are rentals are cheaper in expensive markets than buying now? It certainly seems so…from what my husband showed me, we could rent a house for $5,000 that would sell for more than two million, with a mortgage of more than $12,000 monthly. Doesn’t that seem odd to you?
Definitely. There’s no way that owners can charge the full cost of the mortgage towards a rental.
So the rent is usually there to take off the strain of the monthly mortgage to some extent.
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Rental or Buy in San Francisco? - 1 Answers
I came across an inheritance that I want to use to buy a house. I love the city (SF) and I would love to buy something but i...
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Has the real estate market bottomed out? - 3 Answers
I was talking to a realtor friend the other day, and she was saying how the market was going to come back now. Has the real e...
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Would you buy Earthquake insurance living in Maryland? - 2 Answers
If you were staying in Maryland would you buy Earthquake insurance for your house?
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Buying a house. - 2 Answers
Can Canadians buy houses in the US?
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Is the real estate market going to crash & is there a housing bubb - 1 Answers
The economy is going sideways, but the real estate market has been growing like crazy - are we headed to a real estate "bubbl...
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How do you know what a fair rental price is? - 1 Answers
I'm looking to move from the house I'm renting right now to a new location - trouble is, when I see the posted rental prices,...
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Sale of Rental Property & Purchase of Primary Residence - 1 Answers
As a government employee, my job required me to move to a different area of the country. I elected to convert my primary res...
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Buying laminate flooring for cheap? - 3 Answers
I relly want lamanate flooring (wooden floor ) in my room but my mam+ dad cant afford anything expensive. so does anyone know...
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How do you know when it's the right time to buy your first home? - 2 Answers
I'd like to know how do you know when it's the right time to buy your first home - I mean, I keep thinking that the real esta...
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Real Estate Market Going Sideways? - 1 Answers
I asked before if it was a slowdown, but now I'm thinking the real estate market is going sideways from what I'm seeing - hou...
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