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Home prices also differ a lot by state. In many states u can get a nice house for $150-200k, in Boston area its more like 400-500k for a decent home. For 150k u gonna buy a house in a ghetto and if u rent that out chances are very high your tenant ain't paying shit. And if your only way to pay mortgage if your tenant pays you rent......well bankruptcy is not far out
USA is a pretty fucked up country. Tenant can live in your house rent free for at least 6 month or even a year and you can't do a damn thing about it
My buddy had to pay $2000 cash to his tenant so that he moves out from his house because its either that or tenant said he is gonna stop paying rent and live for free. Of course its not a big deal when your family income is around $170-180k+
Last edited by Kolyan2k; 07-30-2012 at 11:23 PM..
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