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Started By
Message
Investment Property in BR
Posted on 10/11/17 at 4:23 pm
Posted on 10/11/17 at 4:23 pm
I have a house in BR I've been renting out solid for five years while I've been out of state. It's a residential property that will be zoned commercial in the next few years.
Any tips/sites/places on selling it to people interested more in investment props? It's a fine family house but its location also makes it the perfect rental. I've gotten multiple offers for rentals since I put it on the market.
Any tips/sites/places on selling it to people interested more in investment props? It's a fine family house but its location also makes it the perfect rental. I've gotten multiple offers for rentals since I put it on the market.
This post was edited on 10/11/17 at 6:59 pm
3
Posted on 10/11/17 at 9:13 pm to LSU Fan 90812
This is probably a great start. I wouldn’t mind more info on it, I’ve been looking to buy another rental property in BR.
<@gmail.com if you want to send out the info.
Also, you can always list on trulia or something and state that the property is for inevestors and has current tenants.
<@gmail.com if you want to send out the info.
Also, you can always list on trulia or something and state that the property is for inevestors and has current tenants.
Posted on 10/11/17 at 10:03 pm to TigerRob20
Finch.td.lsu@gmail.com
I’d like to take a look at the info too
I’d like to take a look at the info too
Posted on 10/12/17 at 10:47 am to LSU Fan 90812
Did you pay nearly that much for it? Are you making any money renting it for less than 1% of cost?
This post was edited on 10/12/17 at 10:47 am
Posted on 10/12/17 at 12:20 pm to jimbeam
quote:
Did you pay nearly that much for it? Are you making any money renting it for less than 1% of cost?
Piti is probably 1400-1500, so I don't see how. Unless you count the 4-500 towards principal
Posted on 10/12/17 at 2:21 pm to Rust Cohle
In the calculations I run to look at potential properties (keep in mind I own none) I include that totally separate. I would want to cash flow separate from equity accrual.
Posted on 10/12/17 at 3:58 pm to jimbeam
I have a rental property just south of LSU off highland road
Only rent to law student....easy money
DO NOT RENT TO UNDERGRAD STUDENTS...TO MANY PROBLEMS
Only rent to law student....easy money
DO NOT RENT TO UNDERGRAD STUDENTS...TO MANY PROBLEMS
Posted on 10/13/17 at 12:11 pm to jimbeam
quote:
Did you pay nearly that much for it? Are you making any money renting it for less than 1% of cost?
it's mostly paid off.
Posted on 10/13/17 at 12:16 pm to LSU Fan 90812
If it's on Staring and soon to be zoned commercial, why aren't you holding onto it? Should be worth more once it can be commercial in that area
Posted on 10/13/17 at 6:45 pm to Upperdecker
quote:
If it's on Staring and soon to be zoned commercial, why aren't you holding onto it? Should be worth more once it can be commercial in that area
i've been having family take care of it for years while i've been out of state and that's getting harder. also, i'm buying property in los angeles which is ridiculously expensive, otherwise i'd just keep going with it.
it's a nice property. i think eventually they'll put a walgreens there.
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