All Forum Posts by: Tyler White

@Allan C.--the quartz they are offering at this price point is 2cm as opposed to the 3cm for the granite. Thanks for your input. The granite does seem to be a little bit more dated.

Thanks Carla. The selections they have at this pricepoint for quartz is white with grey spots throughout the stone. I do prefer the look of the quartz to the granite.

Thanks Nathan. Yes, I have spoken with various professional concerning this matter. I have granite at my residence and was aware of the porosity and the need to seal it. I seem to get different opinions  along the way. I love the way the quartz looks, although it is 2mm whereas the granite is 3mm. 

Thanks Bill. That is a great point about these places typically having formica and being used to not placing hot items on the counters.

Thanks Bill. I like the way the quartz looks. My only concern is if a tenant places a hot pan on the quartz and ruins it. I think the quartz will make the rental look more appealing and rent quicker. Just as a side note, this house is in a lower income area.

Which should I choose? They are the same price. I prefer the looks of the quartz, but I'm worried because it's not as durable and this will be a rental. Do I go with aesthetics or the somewhat higher durability?    

Thanks Corey and AJ. 

Thanks for your input Mason. Not quite sure what would cause it to turn around. From what I read the policies and the taxes are an issue as well as the crime.

Thanks Sarah. Yes, those are good questions to consider. It looks appears that it will continue or at least remain steady based off of the research I have done. Due to the unfriendly corporate tax rates there have been manufacturing facilities that have left. Crime is very high, only two percent of the nation's cities are safer. They are bringing in a major hospital and a casino which I think looks good. Yes, appreciation and cash flow would be ideal. I just worry that if I ever want to sell down the road that will I have issues with trying to get my money back and if I hold it long term will I outlive the current property manager and struggle with a new property manager.

I have been looking at purchasing a turnkey property in a town that is declining, Danville, Illinois. The prices of homes are incredibly low even after the turnkey fees. I have used the Bigger Pockets calculator and the COC return ranges from 9-16 percent depending on the percentages I put in. As I have done research on this town I have looked for both the good and the bad but seem to only find bad. Danville has had a declining population for well over a decade now at a steady decrease and some places online that I have found show that some of the homes have depreciated.

The turnkey company seems great to work with but I wonder is this something to stay away from because of the way the town is. 

Thanks