All Forum Posts by: Leigh Badoyen

Timothy - I'm going to direct message you a couple of investor friendly contractors you can call if you haven't found someone yet. Can't help on the PM part though, they may have references.

Hi Heather! Newbie investor here but have you considered the Norfolk/Portsmouth area? With Norfolk Naval Base, EVMS and ODU, rentals are always in demand. The challenge is finding a multi-family unit in the right area to invest in. I have a condo near EVMS but I used to live in it before renting through furnished finder for traveling professionals. If you have someone to partner up with and get the right deal, it could be worth looking into. 

Hi BP peeps! My name is Leigh and I am a newly minted real estate agent (decided to leave teaching to get int the REI game). I have been living in my condo for about 6 years. Family life circumstances have changed and I will be moving in the next few months into a rent free situation short term. My condo is on the first floor of a complex that is heavily rented out to mostly EVMS students. I have a few things I need to repair before I feel good renting out without worrying about issues when I get a tenant. My question is, and I've read some posts on BP, but what is the best way to calculate how much I should be asking monthly?

I know there are calculators out there that I can use but with my situation, I want to know what is realistic to fix verse what I want to fix to make sure I'm putting my money in the right places as money is tight. The bathrooms are my need to fix and my HVAC unit is a questionable. I would love any recommendations on handy helpers/contractors. I'm a big supporter of local businesses verse national big names. I am wide open to advice on renting in this area. And like anything, money talks...

Thank you in advance,

Leigh