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Updated over 8 years ago on . Most recent reply

User Stats

17
Posts
1
Votes
Jereme Tayamen
  • Rental Property Investor
  • Stafford, VA
1
Votes |
17
Posts

Tucson Duplex

Jereme Tayamen
  • Rental Property Investor
  • Stafford, VA
Posted
So my wife and I are beginning our real estate dream. She is currently working as an RN and will be accepting a job in Tucson, AZ at the end of July. We currently own no properties and I work in CA(military) with plans to move next July to Quantico, VA. Our idea is to purchase a Duplex using a VA loan and her live in it for the required year. We would rent out the other side. After a year she would move out and we would then rent out both sides for passive income. We are planning on using Cozy.co for screening of tenants and collection of rent payments. Looking in the area or the University of Arizona and Davis Monthan Air Force base. Any suggestions or advice?

Most Popular Reply

User Stats

151
Posts
80
Votes
Paul Santos
  • Sarasota, FL
80
Votes |
151
Posts
Paul Santos
  • Sarasota, FL
Replied

In my world, most people do have a bank account (many have several bank accounts), and a credit card(s), and job(s), and a financial history. That history allows me as a landlord to properly screen potential tenants. Being new in real estate has nothing to do with it, what matters is getting a bad tenant that will ruin your bank account. As a licensed real estate agent, I am very aware of discriminatory practices. There are seven protected classes, a bank account is not one of them.

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