All Forum Posts by: Theanne Tangen

@Nathan Gesner Yes. I understand the additional fees for the PM, repairs, but don't want to start with a rental fee that is lower than my mortgage/HOA fees.

I am going to have my first rental property by June 1 and met with a property manager. I need $2,200 to cover my mortgage/HOA fee. She says 1 bed, 1 bath condos start at 1,800 a month and says to be honest a lot of people in Hawaii are negative in their returns since its so expensive. A comparable unit in my condo rented last year at $2,000. And a two bed rented for $2,300. Yet I have a coworker who is renting a 420 sq foot studio for $2,375 a month plus $80 for electricity not far from where I live. She also lacks a dishwasher, balcony, no view, no in unit washer/dryer and no guest parking. What would you rent my condo out given this information?