Originally Posted by ISP James
dude you pay for it over 30 years nothing fishy about it... keep expenses low, pay extra on it to kill interest and pocket the net income...
property taxes are listed on it a little over 2k a year...
What i am saying is if the realestate business is like that over there then i would just buy every duplex and make my living off NOTHING! you got to admit that there is no reason to sell that duplex... it just doesnt make sense to sell something that bring you a profit! For example that would mean you could actually buy that duplexe make morgage paiement off the income(assuming 100% of it goes back in paying morgage and both apt) and buy pay it off in 10years, without paying 1$ out of your pocket?