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Live rent-free by purchasing an income-producing property Gary Sandler View Comments Homebuyers are inherently payment-conscious. Their typical mantra is “the lower the better.” To that end, some purposefully seek out homes priced at the lower end of the spectrum. Few are aware that there’s another and sometimes even better approach to achieving a low monthly payment; buy a property that generates income. To illustrate how purchasing a two, three or four-unit income property can help buyers reduce their monthly housing obligation, I turned to statistics from the Las Cruces Association of Realtors. According to association records retrieved on June 21, a total of 53 Las Cruces area single-family homes sold for a price of $120,000 or less through the first 5-plus months of this year. The median sales price of the properties was $100,000. The median is where half sold for more and half sold for less.

Las crucesUnited statesLas cruces association of realtorsLas cruces associationSolano driveலாஸ் சிலுவைகள்ஒன்றுபட்டது மாநிலங்களில்லாஸ் சிலுவைகள் சங்கம் ஆஃப் றேஆல்டோர்ச்லாஸ் சிலுவைகள் சங்கம்சோலனோ இயக்கி