Re: Looking to start. - Landlord Forum thread

Re: Looking to start. by Anonymous on November 7, 2009 @17:04

How many of you have had a property value increase in the last two years?

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Re: Looking to start. by Micah on November 7, 2009 @17:33	[ Reply ]
I have, but thats because I researched A LOT and bought at a great price. But like I said, you have to take the long view on property value.

Re: Looking to start. by Anonymous on November 7, 2009 @18:40	[ Reply ]
Long View? I am reminded of a famous economist named John Maynard Keynes. He said that in the long run we will all be dead.

Re: Looking to start. by Anonymous on November 7, 2009 @18:44	[ Reply ]
And your property has increased in value during the past year? What about the rest of it?

Re: Looking to start. by Micah on November 7, 2009 @19:21

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I raise the ret every year. If you have a quality product and have the market cornered then you can do what you want. Supply and demmand. Since there are so many houses in forclosure I have found the good rentals in my area are one bedroom apts. 2 and three bedroom places tend to be for families and with prices so low people can just buy a house. I cater to people in their 20's who don't want the hassel of a house or cannot take care of one. There is a limited suuply of 1brs in my area so I can set my price.

Re: Looking to start.