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SVTPerformance's Chain of Restaurants
Road Side Pub
Who's in the rental house business?
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<blockquote data-quote="04YellowGT" data-source="post: 16167279" data-attributes="member: 35332"><p>I've got a rental that was my first house. 2.5 bedroom, 1.5bath, 1900 sq/ft. Renting it at $750 and had 50 phone calls on it the day I put it up to rent. Its old and needs some updates but isn't horrible. I manage it on my own. I will say that I've had good luck with my renters and have only had 2 in 8 years. I tried to price it so that people can afford it and want to take care of it because they know they won't find another deal like it. I pocket about $1k each year. I still owe on it though so the renters are paying all the bills on it. I've been looking at picking up another property or two in the near future once prices settle. I've also thought about selling it because i probably have 60k in equity in it.</p></blockquote><p></p>
[QUOTE="04YellowGT, post: 16167279, member: 35332"] I've got a rental that was my first house. 2.5 bedroom, 1.5bath, 1900 sq/ft. Renting it at $750 and had 50 phone calls on it the day I put it up to rent. Its old and needs some updates but isn't horrible. I manage it on my own. I will say that I've had good luck with my renters and have only had 2 in 8 years. I tried to price it so that people can afford it and want to take care of it because they know they won't find another deal like it. I pocket about $1k each year. I still owe on it though so the renters are paying all the bills on it. I've been looking at picking up another property or two in the near future once prices settle. I've also thought about selling it because i probably have 60k in equity in it. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Who's in the rental house business?
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