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Parent Emeritus
Now he is really gone.
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<blockquote data-quote="Copabanana" data-source="post: 678616" data-attributes="member: 18958"><p>Hi A dad.</p><p></p><p>What I did and it is the same still is this: You start out renting in college towns where there is more flexibility/or in more questionable neighborhoods where the range of available tenants most of them may have borderline incomes or histories.</p><p></p><p>There may be several people living together. One may have better credit, and they pool incomes. The landlords may want to rent to them because they can charge higher rents. This is the trade off. Higher income from rents can compensate for greater risk, just as it does in the financial markets.</p><p></p><p>Where I live now (the small city) has an old downtown and there are old houses that surround it. You will find this is where many poorer people live, those on SSI, sex offenders, people with drug histories, etc. Lucky for them, it is quite central and attractive. You can walk to stores, banks and the library.</p><p></p><p>One thing I love about CD is finding out how things are, how people are in another place.</p><p></p><p>COPA</p></blockquote><p></p>
[QUOTE="Copabanana, post: 678616, member: 18958"] Hi A dad. What I did and it is the same still is this: You start out renting in college towns where there is more flexibility/or in more questionable neighborhoods where the range of available tenants most of them may have borderline incomes or histories. There may be several people living together. One may have better credit, and they pool incomes. The landlords may want to rent to them because they can charge higher rents. This is the trade off. Higher income from rents can compensate for greater risk, just as it does in the financial markets. Where I live now (the small city) has an old downtown and there are old houses that surround it. You will find this is where many poorer people live, those on SSI, sex offenders, people with drug histories, etc. Lucky for them, it is quite central and attractive. You can walk to stores, banks and the library. One thing I love about CD is finding out how things are, how people are in another place. COPA [/QUOTE]
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