If I could, I would be buying another rental property in Las Vegas, it's just really that cheap out there. I have a good manager and management office to deal with it all.
As far as other cities, you could still do the same.
From what I know of relatives who have purchased property here in the US, they paid cash. Since they don't file income tax, there is no incentive to have a normal mortgage since the interest is not tax deductible for them.
__________________
I don't care if you are black, white, purple, green, Chinese, Japanese, Korean, hippie, cop, bum, admin, user, English, Irish, French, Catholic, Protestant, Jewish, Buddhist, Muslim, indian, cowboy, tall, short, fat, skinny, emo, punk, mod, rocker, straight, gay, lesbian, jock, nerd, geek, Democrat, Republican, Libertarian, Independent, driver, pedestrian, or bicyclist, either you're an asshole or you're not.
|