answersLogoWhite

0


Best Answer

To figure that out you would need to figure out what payment you will need to make on the mortage. You want to rent to cover the payments plus maintenance and some proffit.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: When investing in rental property, what is the highest purchase price versus rental income ratio I should consider This is inner big city (Tampa) low income apartments with each property consisting of 20+ units.?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Why the residential property is the example of an investment house?

Investing in a residential property is " investing in a house." Investment houses are organisation who take care of own or others' investing activity.


Are Apartments a commercial property?

No residential.


What is a Property consisting of houses and land?

An estate.


Where can someone find information about investing in residential property?

One can find more information about investing in residential property from: Knight Frank, CBS, Guardian, Investopedia, Home Guides, Property Observer, Savills Resident Investment, Hearth Stone.


Do furnished apartments generally allow dogs?

Check the terms and conditions of each apartment because allowing pets varies from property to property. Furnished apartments tend to have more restrictions on them but can sometimes be negotiated with the vendor.


What is the definition of real estate?

Property consisting of land or buildings.


Does homes.com have apartments?

Yes they do. When viewing the front page it asks you what kind of property you are looking for. You then have the choice of All Available, apartments, residentials, and town homes.The apartments seem to be moderately priced and nice looking.


You are a convicted felon on probation and your mother lives in HUD apartments is it the law that you are not allowed on the property to visit if so should you have been served with papers?

I am a felon on probation ,am I allowed to visit my mother in HUD apartments or am I not allowed on the property


Do all apartments have residential elevators?

Though residential elevators do add value to a property, not all apartments have residential elevators. If you would like to use one, you should check with the property before signing a rental agreement.


Investment Property?

form_title=Investment Property form_header=Now is a great time to invest in property. Get help evaluating prospective opportunities from investment experts. What type of property are you interested in investing in?*= _[50] Do you have the available funds to invest in property?*= () Yes () No Are you planning on applying for a mortgage or business loan?*= () Yes () No Do you have any other investment properties?*= () Yes () No Will you be investing in property individually or jointly?*= () Individually () Jointly


Who is the owner of courtyard apartments 2755 ne hogan dr Gresham Oregon?

property owner of Courtyard apartments 2755 ne Hogan dr Gresham Oregon


Where can you find 3BHK apartments in Hyderabad?

Hi if you have a decent budget then Sahithi Constructions is a great property Dealers you can buy a 3BHK flats villas and Apartments at www . sahiticonstructions.in