All Forum Posts by: Randy Clemens

I think appreciation is likely. House appraised for 126k and similar homes on the street and in neighborhood are selling for 130-160 depending on the the condition.  Property sold for 150k in 2008 but is outdated for the most part.

insurance is 415 a year and I wont need management fees since I will be self managing.  does that change your opinion at all?

I got an offer accepted at 66,000 for a sfh 4 bed 2 full bath. I estimate about 10k to fix it up.  Rent will fetch 1000-1100 per month. Taxes are 2500 per year. I am putting 20% down at borrowing rate of 4.625. Does this seem like a good buy and hold?