|
|
|
|
|
|
by 1812Overture
3240 days ago
|
|
|
Rent in an area is generally considered excessive when it's more than a third of the average income. And it also has to cover taxes, maintenance, etc. This is assuming you own them free and clear with no mortgage. If you finance buying a small rental property you're usually losing money each month for a few years until rents go up enough to cover your costs. |
|
|