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Wow I love posts exposing the advantages of rental. I have a duplex that I fill with renters who pay me 1050 a month on a house that is worth 100,000. I get 1% a month back. A good deal for them or me? You are the judge.
My last two houses cost me 56 for the first one in 1998 and 89 for the second in 2009 but included a farm. Both homes are pretty nice. The taxes on the first one I mentioned cost me 1900 a year in Hellinois and the second cost me 700 a year in Missouri.
Obviously I am getting bent over in Hellinois. Since Nov 2008, The tax structure is spreading to the nation at large.
My nearest neighbor is about a half mile away and if anything goes wrong at my place or his we are on the phone. Does the neighbor across the hall from you know your phone number?
Please don't own a house and keep the rental market strong. Maybe I can raise my rents to 600 and make 1200 a month.
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“The further a society drifts from the truth, the more it will hate those that speak it.” George Orwell
“Before a standing army can rule, the people must be disarmed; as they are in almost every kingdom in Europe.
The supreme power in America cannot enforce unjust laws by the sword; because the whole body of the people are armed.”
– Noah Webster, 1787
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