A 3bed 1.5bath in a shitty postindustrial New England city is 400k+ now
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Date: May 3rd, 2024 11:11 AM Author: Topaz wild halford pit
A few will be bought by elevated proles spending 102% of monthly income and one adverse event away from bankruptcy. Nurses make 100k+ even in shit towns. There’s also a whole class of similarly-paying jobs invisible to lawyers, between true proles and VPs. Like McDonalds regional manager or CVS supply chain guy or some shit.
The remainder are investor properties where you try to get it to cash flow positive renting to the next level down and make most of your profit on the back end after gentrification, inflation and/or market topping.
(http://www.autoadmit.com/thread.php?thread_id=5524409&forum_id=2#47630957) |
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