General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 3 years ago, 11/17/2021
First Time Real-estate investment, Durham NH, Single Family w ADU
Hey BP community. I am 26 and about to close on my first investment property. It is a 3bd 1ba single family with a 1bd 1ba ADU (seperate kitchen,bath, living room, and bedroom) in seacoast area of NH.
I think I can get 1200 for the 1 bedroom and 2200 for the 3 bedroom. Do you agree, should I ask for more? The home is on a private road, 5 min from UNH, very good curb appeal, nice yard and has nice contractor grade quality appliances, windows, and flooring. I think people would call this B-property?
I plan to owner occupy the home for at least a year and would like to move to another investment property when I can save enough. I have and engineering job that is fueling my savings, owner occupying this investment should help my savings rate. Would you live in the 1bd or 3 bd? Rent or AirBnb the other?