Tuesday, January 31, 2012 7:44:43 PM
I hate rentals but when you can get 10% or so+ return from rents (and that's at 10 months a year) when paying 100% for home, I tend to put up with the headaches. Only looking at foreclosures around here (very competitive bTW, lots of buyers out there last few months). The other stuff is too high priced to make the #s work well as rnetals.
Any appreciation is great, but in the meantime it is a cash generator at 10%+ annually. If you get leverage with home loan 20% or more down, the leverage numbers get better % return on up front money but you lose some money from fees and such with a loan origination, appraisal, etc.
If homes go up in price it's great, if they go down then I hope they go down less than 8% or so a year to keep the net worth level. Anyhow, I'm tolerant enough to do something I don't like if it pays well enough (at least for a little while)
Give it a year or two and I will probably be complaining loudly about rentals and wanting to go back to microcap/stock investing cuz less headache LOL. Good luck!
I don't mind stealing bread from the mouths of decadence... But I can't feed on the powerless when my cup's already overfilled.
-Temple of the Dog
Recent MPAA News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2024 01:11:40 AM
- Motorcar Parts of America Introduces Additional Quality-Built Brake-Related Product Part Numbers to Catalog • Business Wire • 02/12/2024 02:00:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/09/2024 09:01:17 PM
- Motorcar Parts of America Reports Results for Fiscal Third Quarter and Nine Months • Business Wire • 02/09/2024 01:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/09/2024 12:58:22 PM
- Motorcar Parts of America to Report Fiscal 2024 Third Quarter Results; Host Conference Call • Business Wire • 02/06/2024 06:30:00 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/01/2024 09:33:20 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/01/2024 01:36:27 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 01/26/2024 03:46:52 PM
- Motorcar Parts of America Announces Senior Sales Executive Transition • Business Wire • 01/18/2024 01:30:00 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 01/16/2024 09:16:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/03/2024 10:36:57 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/14/2023 09:54:19 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 12/13/2023 08:39:04 PM
- Motorcar Parts of America Extends Credit Facility Maturity With PNC Bank • Business Wire • 12/13/2023 01:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/13/2023 12:58:20 PM
- Motorcar Parts of America Launches Initial Phase of Vendor Supply Chain Financing Program • Business Wire • 11/28/2023 01:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/16/2023 02:50:02 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/16/2023 02:49:19 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/16/2023 02:36:33 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/16/2023 02:33:42 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/16/2023 02:30:29 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/16/2023 02:27:09 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/16/2023 02:23:31 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/09/2023 09:01:27 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM