“Almost every property I own was built in 1910 and has these exact door and window frames, which aren’t cheap to upkeep!” said one Cambridge landlord, who bought 5 dilapidated triple deckers in 1989 for $20,000.
“Sure, I pocket about $2,500 per month pure profit per rental, but the paint on these suckers isn’t free! And neither is hiring my cousin to take pictures of the doorframes for Zillow and Trulia so I can lie about the apartment’s charm in listings.”
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