All Forum Posts by: Bogdan Cirlig

Gross Income: $25,000/year. Upstairs 3 bdr 1200 sqft unit (vacant), downstairs 2 bdr 1000 sqft unit rented at $800/mo.

Zestimate: $337,500

According to Zilpy rents in the area for a:

• 3/1/1200 sqft: $1200 – $1500
• 2/1/1000 sqft: $800 - $1000

Tenants: Good tenants who pay on time.

Utilities expenses paid by tenant.

Repair Estimate: $0, both units completely rehabbed, painted, carpet 1 mo ago

All closing costs paid by the Buyer.

Motivated owner. PM me if interested. All offers will be considered.

Gross Income: $12,000/year (there is room to increase rent, current @ $1000/mo)

Zestimate: $52,000

According to Zilpy rents in the area for a 3/1/1000 sqft are:

• $1000 – $1200

Tenants: Good tenants who pay on time.

Utilities expenses payed by tenant.

Repair Estimate: $0, complete rehabbed, painted, carpet 9 mo ago

All closing costs payed by the Buyer.

Motivated owner. PM me if interested. All offers will be considered.

Gross Income: $15,000/year (there is room to increase rent, current @ $1000/mo, across the street rented for $1100)

Zestimate: $61,000 

According to Zilpy rents in the area for a 3/1/1000 sqft are:

• $1000 – $1400

Tenants: Good tenants who pay on time.

Utilities expenses payed by tenant.

Repair Estimate: $0, complete rehabbed, painted, carpet 6 mo ago

All closing costs payed by the Buyer.

Motivated owner. PM me if interested. All offers will be considered.

During the month of May 2015, rents experienced an average increase of 2.06% for 1, 2 bedroom while 3, 4, 5 bedrooms remained flat. When compared with same month of last year, rents saw an average increase of 9.97% across the board.

See the top metropolitan areas rent trends for April 2015 here for free: http://zlp.re/US

Zilpy.com has been tracking and aggregating, each month, over 1MM SFH and Apartment rentals since 2008. We are publishing free comprehensive monthly data trends for 1 - 5 bedrooms with a geographic breakdown from State/metro to county, city and zipcode.

The data includes SFH and Town homes as well, in addition to the commonly seen apartment only monthly aggregates.

The reports are interactive and easily accessed on your smartphone with click-through to drill down from State into metros and cities to see the monthly rent aggregate by bedrooms and also month over month and year over year changes

This one story a friend of mine is going through had me scratching my head too.

She owns a SFH in a neighborhood that turned bad, bad over the past 2-3 years. She paid 80k for it back in 2005 and had Sec 8 tenants for several years with no issues. Now she can't even sell it for 10k. She tried to give it for free or donate to the church and take a tax write-off plus loss write-off. None wants it. The situation is pretty bad:

- the city keeps issuing fine over fine for things like grass or "tire in the driveway" or what not like there's a cash pinada

- she didn't have one tenant in the past 3 years, not even Sect 8 wants to rent there

- paying taxes and insurance and what not. all current though.

- it's not a drug zone but just a bad patch with unemployed peeps doing nothing productive so to speak

She wants out, really bad, ready to write off the loss just to stop losing more money every month. She considered foreclosure but the state will allow for deficiency judgement and the bank will come after her.

I don't know what to tell her, what can she do to get out?

Analyze your investment in less than 30 seconds on the go on your smartphone, Rent and Valuation Comps included.

• The Rental and Valuation data collected in real-time from over 4 million active listings nationwide
• Vacancy info is already pre-filled from Zilpy Rent report.
• Play Cashflow "what-if" scenarios and see the numbers changing in real-time
• Still using Excel? Just pull out your phone and see the numbers in 10 seconds at Zilpy.com

That is in addition to the comprehensive Rent and Valuation estimates that use not only the number of bedrooms, but also Property type, Baths and SQFT plus crime rate, school ratings and demographics to identify similar neighborhood comparable properties.

See up to the minute comparable properties as soon as they appear on the market, from all syndicated sources covering 98.5% of the US population.

Save hours of scouring on Craigslist, Zillow and other listing sites, we already do all that for you. We're crunching an average of 15 rental and for sale listings and updates each second, around the clock. That's over 1 million per day!

Find out why professional Appraisers and RE Agents use Zilpy.com to estimate the Cash-flow of an investment.

Try for FREE Zilpy Rent, Valuation, Cashflow Analysis & Neighborhood Crime Report now at Zilpy.com today!

During the month of April 2015, rents experienced an average increase of 1.23% for 2, 3 and 4 bedroom rentals while 1 and 5 bedrooms remained flat. The past 12 months moving median saw an average increase of 10.07% across the board.

See the top metropolitan areas rent trends for April 2015 here for free: http://zlp.re/US

Zilpy.com has been tracking and aggregating, each month, over 1MM SFH and Apartment rentals since 2008. We are publishing free comprehensive monthly data trends for 1 - 5 bedrooms with a geographic breakdown from State/metro to county, city and zipcode.

The data includes SFH and Town homes as well, in addition to the commonly seen apartment only monthly aggregates.

The reports are interactive and easily accessed on your smartphone with click-through to drill down from State into metros and cities to see the monthly rent aggregate by bedrooms and also month over month and year over year changes.

Analyze your investment in less than 30 seconds on the go on your smartphone, Rent and Valuation Comps included.

• The Rental and Valuation data collected in real-time from over 4 million active listings nationwide
• Vacancy info is already pre-filled from Zilpy Rent report.
• Play Cashflow "what-if" scenarios and see the numbers changing in real-time
• Still using Excel? Just pull out your phone and see the numbers in 10 seconds at Zilpy.com

That is in addition to the comprehensive Rent and Valuation estimates that use not only the number of bedrooms, but also Property type, Baths and SQFT plus crime rate, school ratings and demographics to identify similar neighborhood comparable properties.

See up to the minute comparable properties as soon as they appear on the market, from all syndicated sources covering 98.5% of the US population.

Save hours of scouring on Craigslist, Zillow and other listing sites, we already do all that for you. We're crunching an average of 15 rental and for sale listings and updates each second, around the clock. That's over 1 million per day!

Find out why professional Appraisers and RE Agents use Zilpy.com to estimate the Cash-flow of an investment.

Try for FREE Zilpy Rent, Valuation, Cashflow Analysis & Neighborhood Crime Report now at Zilpy.com today!

During the month of April 2015, rents experienced an average increase of 1.23% for 2, 3 and 4 bedroom rentals while 1 and 5 bedrooms remained flat. The past 12 months moving median saw an average increase of 10.07% across the board.

See the top metropolitan areas rent trends for April 2015 here for free: http://zlp.re/US

Zilpy.com has been tracking and aggregating over 1MM SFH and Apartment rentals monthly since 2008. We are publishing free comprehensive monthly data trends for 1 - 5 bedrooms with a geographic breakdown from State/metro to county, city and zipcode.

The data includes SFH and Town homes as well, in addition to the commonly seen apartment only monthly aggregates.

The reports are interactive and easily accessed on your smartphone with click-through to drill down from State into metros and cities to see the monthly rent aggregate by bedrooms and also month over month and year over year changes.

Analyze your investment in less than 30 seconds on the go on your smartphone, Rent and Valuation Comps included.

• The Rental and Valuation data collected in real-time from over 4 million active listings nationwide
• Vacancy info is already pre-filled from Zilpy Rent report.
• Play Cashflow "what-if" scenarios and see the numbers changing in real-time
• Still using Excel? Just pull out your phone and see the numbers in 10 seconds at Zilpy.com

That is in addition to the comprehensive Rent and Valuation estimates that use not only the number of bedrooms, but also Property type, Baths and SQFT plus crime rate, school ratings and demographics to identify similar neighborhood comparable properties.

See up to the minute comparable properties as soon as they appear on the market, from all syndicated sources covering 98.5% of the US population.

Save hours of scouring on Craigslist, Zillow and other listing sites, we already do all that for you. We're crunching an average of 15 rental and for sale listings and updates each second, around the clock. That's over 1 million per day!

Find out why professional Appraisers and RE Agents use Zilpy.com to estimate the Cash-flow of an investment. 

Try for FREE Zilpy Rent, Valuation, Cashflow Analysis & Neighborhood Crime Report now at Zilpy.com today!