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I tend to agree with the article - especially in California it makes no sense to own a home at current prices, rent is a great deal and most landlords with a mo
by barmstrong 17y ago
I tend to agree with the article - especially in California it makes no sense to own a home at current prices, rent is a great deal and most landlords with a mortgage have negative cash flow.
In some other markets, like Texas, it's possible to own rental real estate that cash flows.
So this is the strange position I'm in where I own houses to rent but rent the place I live.