6 January 2022 | 0 replies
A decent 4-bed, 3-bath property in a B-grade neighborhood would work out great for us.
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19 January 2022 | 4 replies
I have gone under contract on a home where the main house is 4 bed/2.5 bath with a 1 bed/1 bath casita that is a short drive away from the up-and-coming downtown Chandler area.
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7 January 2022 | 3 replies
It was close to a homerun househack, where I had to pay on average $250 a month in operating expenses to live in a 1000 sq. ft. 1 bed 1 bath.
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12 January 2022 | 6 replies
I had to pay on average $250 a month in operating expenses to live in a 1000 sq. ft. 1 bed 1 bath.
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7 January 2022 | 2 replies
The VA appraiser will double check and hopefully they have your back They bought for $115000 in 2000.
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7 January 2022 | 1 reply
We own a multi unit property in Michigan and have had an ongoing issue with bed bugs.
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7 January 2022 | 3 replies
I think it's fairly priced ($2,900/mo), is in East Nashville, 3 bed, 2.5 bath, is 1,900 sq ft, and was built just a few years ago so it's in great shape.I'm trying to figure out if this is a normal timeframe (especially considering we just went through the holidays) or if there's a chance my property management company isn't doing a great job.Please let me know your thoughts!
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23 January 2022 | 12 replies
The market has been fantastic in Orlando for nearly a decade, both rents and retail pricing are up in the teen double digits.Best of Luck!
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8 January 2022 | 1 reply
After the 2 year "has to stay primary residence clause" (which is met this coming Feb) this property would be my first rental in the area, and utilizing the cash out refi, would give me the money to move into my next property without any extra out of pocket money.I'll be sure to come back and update this for any newcomers that want to hear from beginners or are still in the "learning before you leap" mindset.I'll list the purchase info and criteria as well as the rental potential in the area and the cash out refi results below.Initial Purchase:3 bed / 1 bath / 1000sqft / 0.46acre / built in 1980 - Appraised at $140,000 in Johnson City, TN - Feb. 2020Credit Score at the time: 648 (This was a focus of mine as I had been repairing previously damaging years in my early 20's)Purchase Price: $132,000 using an FHA 30-year loan at 4.625% / Closing costs from me $4,666.63 / After all fees and closing starting mortgage amount was $129,609.00 / Monthly Principle, Interest, Escrow (Insurance, Property Tax, Mortgage Insurance) payment: $869.12Rental Potential:Johnson City TN is home to East Tennessee State University and close to Bristol TN for all you NASCAR and drag racing fans.
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9 January 2022 | 5 replies
Double check the rents and run a comp analysis to see what other "like" properties are renting for to make sure yours isn't overstated.2.