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All Forum Posts by: Dwayne Phillips

Dwayne Phillips has started 0 posts and replied 3 times.

FYI, yes there is an HOA, and CDD, I have these baked into the monthly expense

Thanks Erica, appreciate the input. The townhome has actually 2.5 bath...I was looking at average rents for 2BR, just don’t see the TH hitting the 1% (slightly less) the only option I see is to adjust the offer to ensure I’m getting a positive cash flow...Your correct on appreciation, it’s not guaranteed 

Michael can send me the analyzer to my inbox as well...Thanks

Newbie investor, looking at a townhouse (A rated) for rental in a excellent neighborhood with A-Rated schools...168K, 2BR, 3BA, however don’t think the rents will follow the 1% guideline more like 0.75....So thinking more about appreciation in 7-10 yrs....Thoughts from the BP community?