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Old 01-19-2012, 08:15 AM
 
176 posts, read 729,787 times
Reputation: 88

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Hi all,

Starting next week i will be a full time stay at home mom and have been exploring options on purchasing homes to rent as a business. I'm looking to purchase 2 bdrms town houses to rent out. Can anyone give me going rate for 2bdrm? I'm not looking to spend any more than 150k to keep the rent low.

Any other info you can give me will be greatly appreciated. I live in NY but NY is too expensive so we are looking to purchase outside of ny and have family in the area to help manage the property.

Thanks
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Old 01-19-2012, 12:36 PM
 
Location: Land of Thought and Flow
8,323 posts, read 15,164,623 times
Reputation: 4957
Last I checked, you're not going to find decent homes in Virginia Beach under 150K.
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Old 01-20-2012, 02:56 AM
 
Location: Va Beach
3,507 posts, read 13,449,073 times
Reputation: 1034
Townhomes are cheaper than they were in 05, ones I've looked at thru realtor sites were going for just over 150.

Virginia Beach, VA Townhouses for Sale | Homes.com
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