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Some investment firms are wary of how involvement could damage their reputations, and they’re unwilling to put faith in the existing group of local operators. they’d have in either a mortgage or a.
Carrington, which started in 2003 as a mortgage investment fund and has managed almost 25,000 rental homes for itself and. 11 percent in April from a year earlier to a median $192,800, according to.
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In general, if a fundamental driver – regulation, technology, preference – causes rents to eat up a higher portion of folks pay checks then rents and home prices will be higher. To some extent the.
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I’ve thought about Philly too, but taxes and housing are a notch higher. Obviously I’d be saving money on state income tax, but also for a 2BR 1000+ sqft rental (house preferred, esp something like an older row house w/ yard for dogs), I’d save a lot over LA prices – but getting CA salary.