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All Forum Posts by: Mellissa Ruiz

Mellissa Ruiz has started 2 posts and replied 5 times.

I am moving out of my 3.5 year old single-family home as it is becoming a rental next week. I got my roof inspected to assess for any concerns on my way out. There were five cracked tiles identified and it was recommended I have a storm collar placed. How would you approach this? Given the age of the roof, is it necessary to get this fixed? Thanks! 

Quote from @Joel Allen:

@Mellissa Ruiz

You mentioned advertising in some military rental sites, so it’s worth considering the Basic Allowance for Housing (BAH) rates in Tucson.  The current rates are:

E-4 without dependents: $1,119 per month

E-5 without dependents: $1,257 per month

0-1 without dependents: $1,304 per month

E-6 without dependents: $1,419 per month

E-7 without dependents: $1,497 per month

Granted, service members with dependents get a higher BAH rate.  But a 2/2 bed/bath is likely going to attract single servicemembers moreso than families.

When you factor in that electric isn’t included, your likely renter pool for being able to afford the place may be limited to a mid-level/senior NCO or an officer with a few years in service.

This is something I have considered. I purchased a 2/2 in case someone wanted a roommate hoping to offset the cost. Maybe not the greatest idea? 
Quote from @JD Martin:
Best I can tell, looking at a map of available 2br places in that area, you're overpriced by $100-300 and further out in the hinterlands, although I'm not familiar with Tuscon so I don't know if people care about living closer to the city or not. Your application fee on the front end is going to be a killer. No pets. You've closed just about every demographic there is so it's not surprising you're struggling to find applicants.

No applicants on an available rental is almost 100% of the time price and/or location. Usually it's both, in that your price doesn't reflect the location, because there are still people who will willingly commute for an hour or two if the price is cheap enough.

 Thank you for the feedback. With pricing, what website or sources are you using? The rental is the third least expensive in it’s zip code when I search on Zillow.

I just bought my first rental property about two months ago. I put the property up for rent just over a month ago. I’ve had many inquiries and only one application that did not meet my qualification standards. Going on second month paying the mortgage. I have posted across multiple social media platforms and military rental websites. I am open to suggestions on how to make my advertisement more appealing. All feedback welcome. Thank you. 

https://www.zillow.com/homedet...