Quote:
Originally Posted by ASAP
haha, so wrong my friend... this is universally false in the downtown area of Miami... unless you bought cash, your monthly ins are always less than your outs...
Common Example- 300K condo miami... rent ~$1700 a mos (at most)... loan is about that for 30 years plus $430 HOA and $250 a mo taxes... talk about a terrible deal to purchase...
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If you do airbnb you can take in at least double