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Updated about 5 years ago on . Most recent reply

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Newbie from Vancouver WA and Question!

Posted

Hello!

I'm nebbie from Vancouver WA. I have been reading and getting familiarized with all this new world of real state and I have a question for all of you.

My interest is in acquiring a house under a 100k and rent it. For that, I will be following the 1% rule and:

  1. Build after 1950.
  2. Generally in good condition
  3. Close to big cities
  4. Rentals in the area surpass the 1% rule
  5. Places were I would like to see/visit

Without doing much research I have found a couple of properties that under my perspective could be interesting. 

This one, for example, is 2B2B, 1340sqft for 80kf. It seems quite decent and rentals in the area are on the 900-1200. Would you consider these a good opportunity or am I missing something that as a noob I have not fallen into it?
https://www.zillow.com/homedetails/4934-Barron-Cir-442-Firestone-CO-80504/2082575847_zpid/?

https://www.zillow.com/homedetails/20742-Livengood-Way-65-Bend-OR-97701/2084039452_zpid/

I appreciate your comments!

Marc

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