The Real Estate Thread: Investing in Houses overseas in the USA

[walrus]

@Gandalf @walrus my mistake, it's 4 FAMILIES, Walrus the Tusked One was correct. I did some That's research and $2750 is the 1-family going rent per month there. Yes Walrus that's a Chasidim area. So you could earn $11,000 USD per month in rental income. 5 months on the market isn't so bad as that's a fucking bug ass purchase, plus if it's Chasidim, they may want to keep the neighborhood kosher, waiting for the right buyer.

Yeah 11k a month but mortgage at that price is 19k a month you would think they would need to at least break even or just be short a thousand or two. Five months when your in an area dominated by rentals is a pretty long time. Shows they need to knock that price down