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re: Tigerland 4-plex
Posted on 2/14/17 at 2:42 pm to yellowhammer2098
Posted on 2/14/17 at 2:42 pm to yellowhammer2098
Low ball offer see what they say. I don't think I'd pay $210k but maybe $190k?
The main issue with you not having experience, is that if it goes bad you need to know what your losses are going to be.
I will say though, this is the type of thing that would do much better with you owner renting than having a management company do it. You could vet your tenants much better with common sense.
Another thing to consider, how many of them will want a 9month compared to 12 month lease? One of the benefits of having a lower end apt in my college days were 9 month leases.
The main issue with you not having experience, is that if it goes bad you need to know what your losses are going to be.
I will say though, this is the type of thing that would do much better with you owner renting than having a management company do it. You could vet your tenants much better with common sense.
Another thing to consider, how many of them will want a 9month compared to 12 month lease? One of the benefits of having a lower end apt in my college days were 9 month leases.
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