Decent place, decent 'hood, decent comps. What's the problem? All the usual things. First there's the inability to follow the property history. The San Bernadino Assessor's Office has a 2004 transaction that doesn't show up in the listing history. Also the total square footage is ummmm... generous. See the square feet in the second floor:
2 comments:
Rob Dawg said: You could rent this for $1100 and cover the mortgage; $800/mo and taxes $170/mo and misc $100 but just barely. Hardly a decent return on $40,000 down.
Don't you need half down for rental property? Or is that based on old fashioned lending practices?
The Double Helix of Inequality and Well-Being
One of the central ideas in the article was that general well-being (that is, of the overwhelming majority of population) tends to move in the opposite direction from inequality: when inequality grows, well-being declines, and vice versa.
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