All Forum Posts by: Nadir M.

@Bill P. Just changed price to $1595 and had a applicant call an hour later. Great advice

@Bill P. Thank you. For Rent signs scare me because it’s stating that house is sitting vacant especially if sign is posted for a while. Maybe I shouldn’t care too much about that since it is in a decent neighborhood

@Steve Vaughan

I put about a grand into it. I wanted to do more but had to head back home...since it’s out of state. Definitely rent ready. Found it on Zillow. Been sitting on market for more than 7 days so I got lucky in that regard.

@Steve Vaughan

Purchase price $175,300. 20% down conventional. Monthly payment $1085. Not a bad idea listening for $1595. Not the first time I’m hearing about pricing home ending in 95, 75, or even 50.

@Bud Gaffney

I was thinking of reducing to $1550 after next week but $1575 makes me more excited and more willing to change sooner than later.

@Bud Gaffney

Hi Bud,

So I used Rentometer..I narrowed my search to houses that are or were on rent for the past 6 months. I was able to get the rent range from $1300-$1585. The house is located in such a great neighborhood. Two car garage, 3 baths, nice deck, laundry in unit, and close to stores, laundry mats, fast food and dine in restaurants and only half-mile from interstate. I’ve had one tenant apply as well but they had a very low credit score and problems with collections agency.

@Kenneth Garrett thank you Kenneth

@Kenneth Garrett i use Rentometer as well. I feel like that site underestimates rent tbh but still a good tool. Some competitors have been sitting on market for 30+ days. This is my first time listing a house during this time of year. The other properties I own sat for about two weeks and that was during the months or March and April. I’m going to see how next week goes and then make a decision. You’re absolutely right, winter, holiday, covid...all playing against me. I live out-of-state so may try to make some upgrades as it sits on market.

@Jaquetta Turner going to try to list on Nextdoor ... I think that’s the same as Facebook Marketplace

@Ganessan P. I just had an applicant submit their background check and credit history through Zillow. I thought it was fine. I mean how many different ways are there for a report to print out. I feel like, regardless of site, all background checks and credit reports are the same no?