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Updated about 5 years ago,
newbie first rental property
Hi BP friends.I am new here.I learn real estate about 1 year long.I just sit on my anxiety rocking chair.After reading a few roofstock case studies from BP,finally I made my first decision.Thanks 🙏 to whoever share their experiences.I make 4 offers on roofstock start from last month. 1 is rejected.2 is asked for counter offer.1 is open.
Before i make offers,I research on zillow ,realtor etc. I used BP rental property calculator as well.
I should ask directly to roofstock advisor but I want more options and ideas.please help me to answer below.
1) preapproval letter (25 to 35%down ,~ 70k finance)
2) Can you approve or disapprove the tenants that PM find for you?
3)Will you make counter offer if it will go below 1%rule for property with 4+ neighbours , 5+ schools and 3% appreciation?
4)Can request PM for pest control and garge ?
5) roofstock is for rental property market place but What does owner occupied property mean on roofstock?
that questions came to my mind so far
much appreciated
Hnin