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All Forum Posts by: Steve Saxz

Steve Saxz has started 2 posts and replied 2 times.

General Landlording & Rental Properties

Post: Being an overseas landlord

Steve SaxzPosted
  • Tucson, AZ
  • Posts 2
  • Votes 0

Hi,

I am looking at retiring soon and moving overseas. I am thinking about renting my two properties and hiring a PM company to manage them.

Does anyone have experience in being an overseas landlord? Or is this just going to be a headache? Cash flow from both properties would be around $500/month.

Thanks!

0 Votes
Starting Out

Post: Need some advice on investment property

Steve SaxzPosted
  • Tucson, AZ
  • Posts 2
  • Votes 0

Hello,

I am an amateur investor and have an opportunity to purchase an investment property and need some advice from seasoned investors to let me know if this a good deal. Here is the pertinent information:

2/1 Condo
List price: 50K
DP: 5K
Home equity loan: 45K
Monthly payment (P&I): 350
HOA: 190
Taxes: 53
Insurance: 20
Rent: 800

Cash flow: 187

I live next door to the property and am planning on managing it myself. Please let me know if you think this is a good rental property.

Thank you!

0 Votes