Comments on: Is buying a rental property in an area with other homes for sale a good idea? http://oodle.us/homes-for-sale/is-buying-a-rental-property-in-an-area-with-other-homes-for-sale-a-good-idea Classified Ads Site Tue, 27 Apr 2010 01:41:35 -0700 http://wordpress.org/?v=abc hourly 1 By: alyonafrendo http://oodle.us/homes-for-sale/is-buying-a-rental-property-in-an-area-with-other-homes-for-sale-a-good-idea/comment-page-1#comment-3222 alyonafrendo Fri, 16 Oct 2009 07:07:59 +0000 http://oodle.us/homes-for-sale/is-buying-a-rental-property-in-an-area-with-other-homes-for-sale-a-good-idea#comment-3222 I am considering to start investing in foreign property. Many experts told me to diversify my portfolio but a friend of mine suggested I invest in booming bulgaria, however before I started to invest in bulgaria I wanted to get as much as possible information and latest news. good luck, and if you find my answer helpful, please vote for me!<br><b>References : </b><br>one good site that helped me a lot and I am keeping an eye on is http://www.bulgariapropertynews.com I am considering to start investing in foreign property.

Many experts told me to diversify my portfolio but a friend of mine suggested I invest in booming bulgaria, however before I started to invest in bulgaria I wanted to get as much as possible information and latest news. good luck, and if you find my answer helpful, please vote for me!
References :
one good site that helped me a lot and I am keeping an eye on is http://www.bulgariapropertynews.com

]]> By: e_businessolutions http://oodle.us/homes-for-sale/is-buying-a-rental-property-in-an-area-with-other-homes-for-sale-a-good-idea/comment-page-1#comment-3221 e_businessolutions Fri, 16 Oct 2009 06:39:59 +0000 http://oodle.us/homes-for-sale/is-buying-a-rental-property-in-an-area-with-other-homes-for-sale-a-good-idea#comment-3221 As long as you have a good positive cash flow it will be ok. The good thing about a nice area is you can charge more rent and you will get better qualified tenants. Remember to take into account all of your expenses to determine what to charge for rent and remember always pull their credit. Don't worry about other houses in the market because the other houses are for sale and a renter more than likely continue to rent because they either cannot buy a house at the moment or they think they can't purchase or they don't have the down payment to purchase a house. AS long as you have a good positive cash flow and a good area, go for it. Good Luck<br><b>References : </b><br> As long as you have a good positive cash flow it will be ok. The good thing about a nice area is you can charge more rent and you will get better qualified tenants.

Remember to take into account all of your expenses to determine what to charge for rent and remember always pull their credit.

Don’t worry about other houses in the market because the other houses are for sale and a renter more than likely continue to rent because they either cannot buy a house at the moment or they think they can’t purchase or they don’t have the down payment to purchase a house.

AS long as you have a good positive cash flow and a good area, go for it.

Good Luck
References :

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