Quote:
Originally Posted by fundmark19
That is normally how you run a rental property doesn't make sense to rent it for a loss.
Place looks really nice! Shouldn't have an issue finding a tenant
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Actually it does make sense IF what you subsidize is less than the principle debt reduction without taking into effect capital appreciation. Plus the tax loss as well. If my cash flow warrants, and the purchase price is right.
Ill dumb it dopwn:
Mortgage is $5 (total)
Rent is $3
I pay $2.
So for every $2 I pay I get $3 return.