All Forum Posts by: Matt Madar

@Heshel Mangel thanks for the advice Heshel!

Hey All,

My wife and I are from the Westside originally, but have never dealt with the rental market in Price Hill. We're Looking at a potential SFR in West Price Hill, on one of the better streets over there. Just looking for a quick gauge on whether or not I'm crazy to think a nice SFR could bring in $1,000 to $1,200 a month? It's a larger home with driveway, yard, and 3beds to 2 bathes. Thanks!

Hi Jared welcome to BP! Be sure to utilize all of the great tools and connections with fellow members. Best of luck!

Thanks for the input George Taylor !

I keep getting these letters in the mail saying "you have been pre-approved for X amount..." Has anyone ever borrowed from these companies to get money for investments? Am I a complete sucker for even asking this question? The rates don't seem too bad 3.85 to 4.45%

Chris I have a duplex in Covington (near Latonia) where I lived for a year on an FHA loan. The numbers between property 1 and my duplex are pretty much identical except your purchase price is better than mine was. You can also save greatly on the appliances via Craigslist or Roecker & Boerger Scratch & Dent store. If this is the case property 1 sounds like a great investment! After the year went by I moved to Bellevue and am working on a live in flip/refi. All of Northern Kentcuky is heading in the right direction. If you can get a good deal for property 2 as well, then I say dive on in!

If he'd or she'd*...my apologies

@Aaron Smith that is AWESOME to hear! Those numbers are pretty similar to what I came up with once my fiance and I turn it into a full fledged rental. What neighborhood would your friend's house be in by chance? If he'd rather not say no problem. Thanks! 

Thanks @Sarah Bojorquez!

Thanks @Sarah Bojorquez that is great to hear! From a distance it seems to be growing as younger families move there, but I could be wrong (hopefully not though haha).