All Forum Posts by: Aaron Zamudio

Thanks Nathan! I agree some parts of stl vary a lot by block. Might be possible to add something like that. But might be easier to just search sites like zillow for that street to see the listings since there might not be a lot of them.

Agreed. Trying to look into zillow as well. Thanks!

Thanks! I'll probably improve it later but just started learning the language. 

I created a website that crawls through Craigslist rental listings in St Louis and calculates data for you such as average price, avg price per square ft, etc. Would like to share and get feedback. Rentdata.herokuapp.com 

This duplex is in St. Ann Missouri.

Hi,

I'm hoping to get some advice. I'm trying to buy my first investment property and made an offer on this:

https://www.zillow.com/homedetails/10594-Hobday-Av...

it's about a 1% deal if I rent it in it's current condition. I want to replace doors, trim, flooring to increase rents. My main concern is how large the yard is. It's a half an acre and the yard is shared. I want to know if this large of a yard would be more of a liability than an asset. In other words, will my increase in yard maintenance expenses be offset by increased rents or potentially longer term tenants? I wanted to get some experienced investors perspective on this. Thanks

-Aaron

Thanks Chris. You were right. My lender said it would have to be 2 separate loans which would have higher closing costs. Also I think after they're appraised as individual units that appraisal could come in higher and raise taxes and insurance. I'll pass on this idea.

The owner says it's not more costly to own them separately instead of as one duplex. He said the taxes and insurance are split in half.. I would like to get some more feedback though from other people. I know that buying them separately might be more costly upfront because of probably 2 separate loans and more closing costs. 

It's two units under one roof. He bought it as a duplex and got it zoned so he could sell the unit's individually. 

Hi everyone,

I found a duplex listed for sale by owner selling just one side. I called the seller and he happens to own both sides and is willing to sell both. I'm considering buying both to house hack but I'm not sure if these being zoned separately is an advantage or disadvantage. I'm also wondering what people's thoughts are on buying a house for sale by owner. I know it could contribute to a lower sale price but is there anything to be concerned about?