Comments on: Property Analysis November 2008 http://www.buythatduplex.com/2008/11/property-analysis-november-2008/ Real Estate Investing for Beginner Investors Wed, 02 Jun 2010 16:40:54 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Clifford http://www.buythatduplex.com/2008/11/property-analysis-november-2008/comment-page-1/#comment-5 Clifford Sun, 23 Nov 2008 15:22:02 +0000 http://www.buythatduplex.com/?p=1126#comment-5 @BuyNHold: You bring up a good point. Rentometer.com doesn't differentiate between houses, condos and apartments. Nor does it ask for the number of bathrooms the unit has. In our analysis, it is lumping together 3 bedroom, 2 bath houses with 3 bedroom, 1 bath condos. But that's why I always lean towards the low end of Rentometer.com From here, further analysis with PM companies or Craiglist would be in order to verify the rent amount. @BuyNHold: You bring up a good point. Rentometer.com doesn’t differentiate between houses, condos and apartments. Nor does it ask for the number of bathrooms the unit has. In our analysis, it is lumping together 3 bedroom, 2 bath houses with 3 bedroom, 1 bath condos.

But that’s why I always lean towards the low end of Rentometer.com

From here, further analysis with PM companies or Craiglist would be in order to verify the rent amount.

]]> By: BuyNHold http://www.buythatduplex.com/2008/11/property-analysis-november-2008/comment-page-1/#comment-4 BuyNHold Sun, 23 Nov 2008 01:07:30 +0000 http://www.buythatduplex.com/?p=1126#comment-4 I find that rental amount hard to believe. That would make the GRM 5.5, which is really low and would be a great bargain. If you could buy that for $133k and get $2k per month, I would buy it. Well, I guess that's your point based on the cashflow. But I wonder how realistic that rent really is. It seems like it's still hard to find a property that cashflows yet. I find that rental amount hard to believe. That would make the GRM 5.5, which is really low and would be a great bargain. If you could buy that for $133k and get $2k per month, I would buy it. Well, I guess that’s your point based on the cashflow. But I wonder how realistic that rent really is. It seems like it’s still hard to find a property that cashflows yet.

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