The house sold for €750k a few years ago. They probably spent €200k+ renovating it. When you factor in a home loan of €900k, plus property taxes and other stuff, they’re probably paying under €5k a month, which means they’re expecting to make at least €5k a month in profit.
It’s sick that landlords think that’s a fair amount to make on a moderately sized family home.
What do you mean unchallenged?
If the market pays for its the market value
If no one pays for it than that’s too high above MV.
This can’t be right surely?
I love that they took the time to photoshop out their rival’s logo on the sign next door.
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Find 8 mates and it’s yours for 1250 a month
The house sold for €750k a few years ago. They probably spent €200k+ renovating it. When you factor in a home loan of €900k, plus property taxes and other stuff, they’re probably paying under €5k a month, which means they’re expecting to make at least €5k a month in profit.
It’s sick that landlords think that’s a fair amount to make on a moderately sized family home.
What do you mean unchallenged?
If the market pays for its the market value
If no one pays for it than that’s too high above MV.
This can’t be right surely?
I love that they took the time to photoshop out their rival’s logo on the sign next door.
100k per month when?
Dats cwazy