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Updated about 6 years ago on . Most recent reply

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38
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D'Aydra Allen
  • Bluemont, VA
13
Votes |
38
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Would a Landlord Investor be Interested in My PG County Listing?

D'Aydra Allen
  • Bluemont, VA
Posted

I've listed a great property in Temple Hills, MD and it was suggested to me that I see if any investors would be interested. I guess I am so used to reading so many posts about fix and flips that I hadn't considered a landlord being interested in a buy and hold for this property. I guess it's worth sharing, right? *shrugs* 

This property is listed just under $365K, single family, move-in ready, 4 beds, 2.5 baths. I did some research and found where PG County's Housing Authority will pay up to $2,900 for a 4 bedroom under their voucher program (WOW!). Is there anyone willing to provide me some feedback on this property? I don't know if I can post too much in here without it needing to be in the market place... so I would love some feedback and advice first. I am available for private messages if necessary. Do investors buy listed, move-in ready, market value priced properties?

Thanks in advance for the feedback!

D'Aydra

Most Popular Reply

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Replied

The rent is too low for a property of that value. It will not show any positive cash flow. Highly unlikely any investor would bite. Needs to be under 300K.

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