Quote:
Originally Posted by bhc
15K would get you four repossessions in Ohio or Michigan. Thats not just the house but the land as well. Some of these house were over $100.000.
No mortgage debts as they have been cleared when the house is sold at auction.
The average rent return is $550 a month. Price will rise again then sell.
Or build up a nice rental portfolio.
I have 16 just now.
Brian
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4 houses for GBP15k? wow that is cheap! is that true, or did i misunderstand something? what type of houses are these?