ST Alpha - "each unit going for around $600 - $700. all tenants are month to month right now, so we'll clear it out, fix up, then move people into the duplex" (Reading a Post)

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In response to "what's the tenant income? if you're thinking of moving, you would *def* need to get prop mgt for a property like that. -- nm" by Moray Gerbson

each unit going for around $600 - $700. all tenants are month to month right now, so we'll clear it out, fix up, then move people into the duplex

Posted by colin (aka colinski) Mar 17 '14, 08:19

we'll take the house.

if we move again or start wandering around, we're also thinking of building a garage with a nice garage apartment on it and using that as an airbnb site when we're not there.

currently the plan is to move in friends to the property, but yeah.. might need management in the future.

Responses:

note though.. if this follows the trend of the other part of town going this way, rent will eventually get into the $900 range.. - colin Mar 17, 08:21 6
- sounds fantastic! -- nm - Epiphany Mar 17, 08:22 5
  - or we might get stuck with a worthless property! yay real estate. -- nm - colin Mar 17, 08:23 4
    - "Do you mean to tell me, Katie Scarlett O'Hara, that Tara, that land doesn't mean anything to you? Why, land is the only thing in the world worth - Andie Mar 17, 08:27 1
      - "land is the one thing they ain't makin' any more of" -- nm - Beaker Mar 17, 08:29
    - the bars on the first floor windows, are those common there? - groiny Mar 17, 08:23 1
      - used to be really bad...like, murders every day bad.. but it's been cleared out in the past few years. - colin Mar 17, 08:26

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each unit going for around $600 - $700. all tenants are month to month right now, so we'll clear it out, fix up, then move people into the duplex

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