Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > Blogs
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Old

Investment property FM Grapevine Coppell

Posted 03-24-2016 at 11:53 AM by CzechGrazer

Quote:
Originally Posted by macjoubert View Post
How do you determine rent based on your purchase price? Thats new to me.
You don't determine rent. You do analysis and see what the market rent would be relative to the sales price to see if it is a logical purchase for a rental. I get nice rentals (not duplexes, etc) in nice neighborhoods and am able to get about 1.1% of total cost (sales price + refurb) in monthly rent.
So, for a house that takes $150k to buy, I need to get at least $1650 in rent. If I can't, I move on....
Member
Posted in Uncategorized
Views 208 Comments 0 CzechGrazer is offline

All times are GMT -6. The time now is 05:59 PM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top