How much is your rent /mortgage?

[SanFrancisco]

I just got the sweetest deal in history from a friend in the Bay Area. A 2 bedroom with all utilities and parking for 500$ !!! Most of my frinds pay upwards of 2,000$ a month for a two bedroom in the Bay area. One guy i know pays 3k for a 3 bedroom.
I'm considering purchasing a house as investment income in Indianapolis (where my family lives) for just 30K. It would rent for 500$ a month.
I'm curious what you all pay and where you live. I was shocked to find houses in Indy go for 30 and 40 and 50 grand. My dad bought a house for 50K last year. Why would anyone rent?

 

[Bebe Girl]

Who would anwser such a question!

 

[Gambino]

are you a undercover real estate broker?

 

[SanFrancisco]

Why not? Its an anonymous board. Geesh.

 

[Gambino]

$565 a month for a apt in Michigan...houses are expensive here...decent homes in desirable suburbs are well over 120 k...

 

[Bebe Girl]

$565 a month for a apt in Michigan...houses are expensive here...decent homes in desirable suburbs are well over 120 k...

SF.. lol I am just saying...


Try living on LI.. than tell me about expensive!

 

[The Wenis]

Who would anwser such a question!

ignore the alter



1700/mo mortgage for 5 bed 4 1/2 bath

 

[Testosterone boy]

Why do new posters like to ask questions like this?

 

[Gambino]

Why do new posters like to ask questions like this?

I think homeboy is gonna spring some real estate sales on us...

 

[gonelifting]

<1700 for a 3bedroom. I pay 500 extra a month 2200 to pay it off sooner.