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Updated about 9 years ago on . Most recent reply

User Stats

36
Posts
10
Votes
Jeremy Garcia
  • Investor
  • Albuquerque, NM
10
Votes |
36
Posts

My 2nd Rental

Jeremy Garcia
  • Investor
  • Albuquerque, NM
Posted

@Matt G. inspired me to post my second rental property that I just finished rehabbing.  Here are the numbers:

Purchase price = $87k

Appraised Value = $109k

Rehab costs = $15k

Expected Rent = $400 - $500 after expenses

Here is the link to the before video I took,

 https://youtu.be/2jwPJxKnjWA

I just put it up for rent on Craigslist two weeks ago. ..spread the word :) Here is the ad,

Let me know what you think!  

  • Jeremy Garcia
  • Most Popular Reply

    User Stats

    36
    Posts
    10
    Votes
    Jeremy Garcia
    • Investor
    • Albuquerque, NM
    10
    Votes |
    36
    Posts
    Jeremy Garcia
    • Investor
    • Albuquerque, NM
    Replied
    Originally posted by @Elizabeth Colegrove:

    Congratulations!!! That is great returns. What is your rent for the property if you don't mind me asking!

     $1100 for rent...

  • Jeremy Garcia
  • Loading replies...