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New idea
by Gurudutt verma on May 01, 2007 04:01 AM

Hi

We bought a house for 1,80,000 Rs. in year 1992.
We paid 30000 Rs. and took loan for 150000 Rs.

We were paying 1979 Rs. per month as loan installments

We rented out this house for 1400 Rs. per month.

We sold that house in 2002 for Rs. 4,50,000 Rs.

and bought a big shop by adding some more money.


How is this ?
make property without risk.

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The above message is part of the Discussion Board:
Buy a house or stay on rent?