[quote=flu][quote=earlyretirement][quote=spdrun]Here’s one condo listed at $125k that I saw last month, but didn’t make an offer on. HOA = $265/mo, 2 bedroom, 2.5 bath, decently maintained complex.
Just out of curiosity what does a place in this area REALISTICALLY rent for?[/quote]
Probably $1300-1450/month for a 2/2… This one in particular probably on the lower end…..There is probably more turnover due to the seasonality of renters in the area versus say MM… BUT it is doable me thinks in general.. Not sure about this particular complex, because haven’t researched this one in particular…..
flu, I was going to make an educated guess of $1450. Your sample craiglist rental is 200 sf smaller and has only ONE space in a “collective?” garage. spdrun’s listing has a two-car garage all to itself.
Your tenants don’t have to be “seasonal” if you don’t rent to students.