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Updated over 9 years ago on . Most recent reply

User Stats

5
Posts
2
Votes
Gerald Bruno
  • Investor
  • Vancouver, WA
2
Votes |
5
Posts

New here, looking forward to connecting.

Gerald Bruno
  • Investor
  • Vancouver, WA
Posted

Hello all,

New here but I own two properties (both purchased as owner occupied). An sfr in utah that I regret and a duplex here in Vancouver WA of which I currently live in one side of. I'm former military which is why I went in to my house in utah and am originally from Stockton California. 

Hoping to get my first investment specific property in the next month or so in the Birmingham AL or Indianapolis market, so if you're there feel free to shoot me a colleague request as any conversation on the area is welcome.

I think that's all the criticals, I hope to get to know you all soon.

Most Popular Reply

User Stats

5
Posts
2
Votes
Gerald Bruno
  • Investor
  • Vancouver, WA
2
Votes |
5
Posts
Gerald Bruno
  • Investor
  • Vancouver, WA
Replied

I bought in July of 2009, never really saw the house dip in value more then 10k, just kind of hung there, at least from watching zillow/zestimate and USAA home value monitoring. Looking at Zip Realty however it shows a much more drastic price difference, which I never saw when checking recently sold on zillow. However, according to those estimates I am still lacking any equity. But watching comps in the neighborhood, it's gone up by a total of 1% over the last 5 years. 

As to the rent, it has been renting for $1200 for the last 5 years with no gain, but rents just started going up in the last 4 months, so as I said, this upcoming month will be my first no loss month as the management company said there on a new contract as of July. 

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