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All Forum Posts by: Peter Shaw

Peter Shaw has started 4 posts and replied 10 times.

Post: Help finding a tenant in Shorline (Seattle), WA

Peter ShawPosted
  • Fremont, CA
  • Posts 10
  • Votes 1

@Suzanne Nelson how do I manage showing the property? the background checks, forms, etc?

Post: Help finding a tenant in Shorline (Seattle), WA

Peter ShawPosted
  • Fremont, CA
  • Posts 10
  • Votes 1

I just bought a SFH in Shorline, WA. I need help finding a tenant. Do you have suggestions for property management company who can help me find a tenant? Who pays the property management company to find a tenant? I got one quote where the company wants 1 month of rent. Is it reasonable (sounds too high to me)? Any suggestions?

@Christian Wathne do people commute from Bothell, Renton and Mill creek? i.e people would rent a SFH and commute to Amazon or Google or MSFT? I am surprised you found something for <400K in these neighborhoods.

@David Ferrette I am expecting 2200$/month in rent so it should be cash flow positive with 350K buy price and 25% down. what am I missing?

Which other neighborhoods do you recommend looking at? I absolutely don't want to be too far from the city.

@Rod Hanks specifically - is this a great location? Great community? Will it be super easy to rent and sell? I want to be close to the city so I assume commuting to downtown is 15 mins? Any feedback on the builder or quality of construction?

How about this community? https://www.lennar.com/new-homes/washington/seattle/seattle/otani-gardens

I'd like to invest in a rental property in Austin. 

I have an agent in Austin, who has narrowed down our search to the following communities. The criteria for selection was : <400K, close to the city, a property that's easy to sell, will appreciate and rental income (in that priority order). I don't really care about the size of the house or a big yard.

The first option is Amber -- Here's the developer's website Builder's website: http://www.calatlanti chomes.com/find-your-new-home/ 2-austin/8115-amber-oaks.html

The 2nd option is Parmer Crossing -- https://www.pulte.com/homes/t exas/the-austin-area/austin/pa rmer-crossing-209615

They are both close to Dell, Cisco and other IT companies.

I'd love to get advise.

Thanks,

Post: Where to buy in San Diego

Peter ShawPosted
  • Fremont, CA
  • Posts 10
  • Votes 1

Hello,

I have never lived in SD area but given the strong High Tech employment market, I want to buy a rental unit. I'm looking for something <500-600K, which will generate decent rental income and will appreciate over time (10-15 years time horizon).

Which neighborhoods should I be looking at? Are there agents who specialize in investment properties? Anyone you've worked with that you would recommend? Any property management company that you'd recommend?

Thanks,

Peter

Hello,

I have never lived in SEA area but given the strong High Tech employment market, I want to buy a rental unit. I'm looking for something <500-600K, which will generate decent rental income and will appreciate over time (10-15 years time horizon). 

Which neighborhoods should I be looking at? Are there agents who specialize in investment properties? Anyone you've worked with that you would recommend? Any property management company that you'd recommend?

Thanks,

Peter