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All Forum Posts by: Yulya Marucya

Yulya Marucya has started 1 posts and replied 5 times.

Originally posted by @Tanya F.:

Are you going to live here, or is this for a rental? Do the numbers work out?

How much does the solar system offset the utility bill? Is the house well insulated (which will do a LOT to reduce cooling bills in the summer)?  How many years left on the solar loan? How does that compare to $20K? How many watts is the solar system? How does $250 per month compare to the utility bill without solar? My point is, you haven't provided nearly enough info to get any advice.

It's mostly a rental, the number do work out for Airbnb but not for long-term lease (negative $200 per month).

One bedroom in the house is not well insulated and gets more hot in the summer than the rest of the house. 

Solar system is 10,000 watts, I haven't received my first electric bill yet so can't see how $250/m compares to that but it should reduce the bill to nearly zero. 

My predicament is whether to pay for the solar loan in full by adding it to the purchase price or not.

Originally posted by @Nick C.:

If the seller wants market price why are you pursuing this? 

I originally leased the house and invested quote a sum of money to furnish it. I rent it out on Airbnb when I'm not there. 

If he puts it on the market - it will be a hassle for me to accomodate the showings and the new owner will probably not extend the lease next year. The inventory is very low and the competition is insane in the area, so I don't have any other options to invest in the area at this time.

Hello, I found an off-market deal and looking for an advice from fellow investors.

It's a 3BR/2BA in Largo, FL, 33774. The seller wants a market price of 320K (however in a hot market like this properties are going for way over the market price), BUT he wants me to also take over the loan for solar with monthly payment of $250, or add that 10K + 10K incentive that he needs to "pay back" to the purchase price. I'm new at investing and solar panels and not sure if I should try to negotiate.

What would you do in my situation?

Hello, I'm also looking to invest into Midwest City / Del City and stumbled upon this topic. Is there anything else that makes Section 8 tenants more attractive to investors than just low turnover? I know in Canada there are programs that allow tenants to rent a room instead of a house which is a good 'house-hacking' strategy for landlords and more income. Is there such thing here in the US?