Updated over 17 years ago on . Most recent reply
Is this stupid?
I was wondering if it always a bad idea to buy cheap homes in cash I'm talking homes that cost 10 to 15k and a few grand to fix up, then hold and rent them? In a few years you would have recouped your investment and everything after that besides maintance,taxes is profit..for umm as long as I want. Or is that the "long way around"?