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All Forum Posts by: Cory Tollefson

Cory Tollefson has started 1 posts and replied 9 times.

@Michael Craven

Thanks for adding your own personal experience that sounds similar. Appreciate the response and well wishes!

@Michael Ablan Thanks for adding in a bit different perspective!

@Serena Bales Thanks for chiming in from KC - looks to be pretty consistent with what I'm seeing/hearing here

@Ryan Swan

Thanks for the thorough response! I actually have been avoiding pools in my current search for the same reason, but hadn't really thought about the HOA matter as much. There was a house we put an offer on and I found out about the HOA situation after. It still seems to fall into what you're saying ($50/mo), but I was also a little disappointed to find a policy that prohibited short-term rentals like Airbnb. That wasn't the primary way I was planning to use the property for rental, but it would grant some flexibility.

@Chris Coleman Thanks for the input - seems pretty consistent

Originally posted by @Linda S.:

I had this exact question with my first house, and if you budget allows it-- go for a 3bd!   If it's a 3bd, you will more likely get a family and they are more stable IMO.   The 2 bedrooms are much tougher to rent out, as you're searching for a single person or maybe someone with 1 kid, but then there is no storage.     You'll get more rent, and have a lot larger market for a 3 bd, so if your budget allows it-- definitely do a 3 bedroom home!

Thanks Linda! This is what I've been hearing too!

First Forum Post! I'm Moving to Phoenix at the beginning of the year for work and am planning on buying my 1st house. I'll live in the property for the forseeable future (2+ years), but will probably move at some point after. I will want to rent the home after that. I may even look to move into a different home and rent this one sooner, who knows?

My question is: How should I approach the size of this house? If I were buying purely for my spouse and I's needs, it would be 2 BR; 1 to use as an office of for guests. That being said, I've been advised that 3 BRs typically make better rentals. I can understand why, but I'm generally conservative and it's tough getting over buying more space than I currently have use for. If I'm thinking long term and have the appropriate funds for either, should I do 3 BR? Or start with 2 and move up in the future? Other thoughts?

Thank You!