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Updated over 7 years ago,
New Property Advise
Hey everyone I am a new buy and hold investor and have a property in the Tacoma, WA area under contract. Home is 1826 s ft
Current Rent is 2,600
Price is $260K
Expenses Jan- May 10 = 232
Sewer Fee- 284
Management -1062 ( 211/month)
6 bed
2 bath
Near a college and has been rented to college students in the past. Current tenant are young professionals.
I am doing a home inspection on Monday and was curious to know thoughts on this one. I will be putting down 25% and renting it out.
Appreciate any feedback as this is my 1st buy and hold.
Thanks
Vikram