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Thread: House just sold for 1 US dollar?
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[quote=GARYKINKADE,316695]For a family of 3+ it would be a good buy providing the neighborhood was free of crime and illegal drugs (good luck) and the family was handy with maintenance. To the dear lady that is buying strictly as an investment, likewise I hope she is capable of making property improvements herself or just has money to burn for others to do it. Rental property on average is a 50% chance of breaking even when comparing expenses to rent revenues and in many instances becomes more of a liability than an asset to the owner.[/quote]
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