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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Tue, 02 Aug 2005 06:42:29 -0500
/ Author of the message: "John A. Weeks III" |
Title of the message: |
Re: Does this make sense?
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Text of the message: |
In article <Xns96A676CF685Amikioigtenet@199.45.49.11>, Davey Boy <mikioiTAKEOUT@gte.net> wrote: > Hi All! > > I'd like to purchase rental property, but I don't believe the rental income > will cover the mortgage payment (and other expenses) ... I currently am in > a home with a studio that I can rent out and was wondering if it makes any > sense to rent out the studio and buy rental property and if I am able to > get positive cash flow on the two rentals combined... > > I usually think of a rental property sustaining itself w/ the rents coming > in being able to cover the note (and other expenses) related to the > house... In this case, I'll need to rent out a room in our current home to > help cover the cost of buying/renting the house... Any thoughts or comments > are appreciated ... > > DaveyBoy I'd never consider renting a room in my house. There are too |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.