All Forum Posts by: Lola Ajilore

The tax records have that as the bathroom count but it is 2+1 and 2+1.5 in actuality. It was listed that way as well when I purchased. The existing tenants have been on time and never late in 5 years. They actually overpaid this summer when they received their UI benefits so I thought they would be a bonus to someone who was looking to have some of their mortgage paid by a tenant. As for condition, it was updated before they moved in and they have been good about maintenance issues so it should only require light cosmetic work if they were to move out. I do understand that the moratoriums could be causing concern though for prospective buyers. Thanks for your reply!

Originally posted by @Marco G.:

@Lola Ajilore

Is it a 4bd 4ba as the headline states, or 4bd 2.5 ba as the details state (2+1 and 2+1.5)? The walk through garage comment is hard to understand as well.

The photos looks nice, I’m guessing that’s the vacant unit. What does the occupied unit look like? Has the tenant been paying?

The moratoriums are probably making people anxious.

Thanks for your reply.  I will consider repainting the outside as it could use some help. The property isn't actually rent controlled (built in 1989) but the current tenants are almost at market rent and have been very steady for the past five years with rent increases every year except this year.  I will see what I can do for the backyard. The area is rather narrow so I thought parking would be a better amenity than yard space but I will look into it.  Thanks again.

Originally posted by @Jonathan Barr:

Hi I would repaint the exterior give it a little more pop.   If you can use of the parking area to create some more outdoor space I think that could be huge.   Removing some of the concrete pad and putting some grass for like dog run I think could be a big plus.   If you possibly easily vacate the other unit I think it'll make easier for you. Though I know with rent control that would be tough.

Originally posted by @Carmen Dettloff:

Hey Lola, Your listing is super cute! But duplexes can be slower to sell and it is a slower time of the year. 

Are you under contract with a relator? Do you have to pay them a fee if you find a buyer? I have sold several houses on craiglist before. But you can't be under contract when you self-list it on CL. I always list it for 3-5% off what the list price would be since I am not paying for a relator. Many investors love getting a good deal this way and you might be surprised at the interest level. 

Good luck, 

Carmen Dettloff

BigfootEquity.com