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All Forum Posts by: Olga Daisel

Olga Daisel has started 25 posts and replied 66 times.

Post: Liability - is it worth it?

Olga DaiselPosted
  • Posts 67
  • Votes 25

@Jeff Bridges

Also it is preleased. But yes, I am not certain that it is preleased to those who will be back...

Post: Liability - is it worth it?

Olga DaiselPosted
  • Posts 67
  • Votes 25

@Jeff Bridges

It is duplex with 10 beds total, 2 leases. Pandemic plays into the hands of landlords. Universities dont allow now to share bedrooms at on campus housing. So there are less vacancies. I have other student rentals near Univ of Chicago, I had them for the last 6 years with zero vacancy.

Post: Liability - is it worth it?

Olga DaiselPosted
  • Posts 67
  • Votes 25

@Jeff Bridges

2500$ cashflow per month not per year

Post: Liability - is it worth it?

Olga DaiselPosted
  • Posts 67
  • Votes 25

@Jeff Bridges

No vacancy here, it is students rental.

@Aaron Gordy

Aaron, any cash flowing in Austin? I am interested in Multi, but they seem to be very rare finds.

Post: Liability - is it worth it?

Olga DaiselPosted
  • Posts 67
  • Votes 25

I am in dilemma of investing or not.

I have pined a deal in appreciating area of Austin TX. The house rents for 8600 a month. I can get it for 2.75% and 20% down. That's a good part. The bad part is it costs 1.2 mil. Now after paying mortgage, insurance and property tax I will be left with 2500-3000. I have an anxiety that I will owe too much to bank, feels like a lot of liability. Also I feel that I am getting it without a need of rehab for a full price sort of speak. This is also not what I am used to.

So would YOU go for it or would you not?