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All Forum Posts by: Jonathan Rouse

Jonathan Rouse has started 3 posts and replied 4 times.

Post: Researching Indiana STR potential

Jonathan RousePosted
  • Investor
  • Portland OR and Indianapolis, IN
  • Posts 6
  • Votes 0

@Anna Bielawski I have a LTR in the echo pointe/Geist area. I ran it through airdna and the numbers weee really high. I then ran the numbers through Rabbu and the numbers were still great. What are your thoughts?

Post: Corporate rentals -- Portland

Jonathan RousePosted
  • Investor
  • Portland OR and Indianapolis, IN
  • Posts 6
  • Votes 0

My family and I are thinking about relocating and I love our current house and do not want to get rid of it.  I live in a suburb of Portland and I don't think it would work out well for a short term rental, but I do live close to Nike, Intel, and other large corporations.  If I wanted to make my house a corporate rental where would I start?  Would property management companies be interested in leasing a furnished house?

Post: Figuring out ROI for a short term rental in Nashville

Jonathan RousePosted
  • Investor
  • Portland OR and Indianapolis, IN
  • Posts 6
  • Votes 0

Hello, I'm wanting to get into the short term rental game, and just like most rookies, am concerned that if I purchase a place it wont rent enough days to cover the expenses.  Is there anywhere I can look to see the stats for different cities and how often places actually get rented out?

Post: Should I hold or should I sell?

Jonathan RousePosted
  • Investor
  • Portland OR and Indianapolis, IN
  • Posts 6
  • Votes 0

Hi team, I have a rental (so far my first and only) in a suburb of Indianapolis.  I purchased this home for 190K and put around 45K into it.  The value right now is somewhere between 275-280K.  The outstanding mortgage is 170K with a mortgage payment of $750 once you include taxes, insurance, vacancy, repairs my monthly is around $1,435 and it rents for $1,800.

It's a nice house, but is starting to wear down and the tenants want to purchase the house. I've owned for about 1.4 years and after the sale and would make around $25,000 after paying myself back for the repairs. This would free up around 60-65K to BRRR other rentals. Your thoughts?