Hey anyone has investment properties that are rented out? i am thinking about buying one. what do you think?
469238
I think do your sums, \n\nGolden rule, never buy anything for more than 7.5 time the annual rent.
785928
i really think they should have a rent control for something like your situation.  most company's can do a write off.. i have rental accomadations and if someone swallows their pride and approaches me.. i can write them a deal.  i just wrote a deal last year and it gave me a nice perk from the governement. taxes.but i can not read minds.. maybe your present building owner or assoc..will cut you a deal.. we have not mastered mind reading...you have to ask..
942859
www.craigslist.com is a great source. You should get many leads. I am a Realtor and I had clients that listed their rentals with me. Believe it or not, we got more calls from that website than from the MLS. If you own a property in Burbank, CA...good for you. No rent control and good tenants. Good luck.
162272
*Thinking for half a second* You can look in http://dir.yahoo.com/Business_and_Economy/Shopping_and_Services/Real_Estate/Property_Information/Listings/Rentals/ or http://craigslist.com
847555
If the deal is right and stacks-up it is ALWAYS the right time to buy property - foreclosure or otherwise.\n\nIf you are buying for investments:-\n\nDoes the rental potential in the area mean it will cover its own mortgage costs?\nAre you buying at LEAST 15% below market value?\nIs the area up and coming?\nIs the property in good general condition?\nWill it be easy to rent?\nCan you get an interest-only mortgage for a competative rate?\n\nIf you can tick all of your boxes, then it is hard to see when there could be a bad time to buy property.\n\nIf you buy AT LEAST 15% below market value (ideally 25%+) then even if house prices fell - you are still on a great deal with built-in equity.
152512
I think you got the wrong idea about renting, the type of answers in this section deal with renting real property, not personal property.  You may get better answers by posting in Other- Business & Finance or in the Small Business section.
742678
Did you check http://www.realtor.com to see what was available?  They have homes for sale and also rentals.\n\nGood luck!
178649
When the market crashes.  Or will it?  I think it'll crash....or I don't know.  It's gotta crash just keep renting for 6 months more because it's gotta crash.  But it's never really crashed has it...But while you're renting you could be putting that money towards a payment.  But the housing bubble has to burst because everyone says it will and it makes logical sense that it's just like the dotcom boom to bust.  But then again housing isn't like the dotcom because people need to live in houses where they didn't need to own tech stocks.  But the interest rates are rising it's gotta drive housing down.  But the economy is picking that'll keep housing prices up.  But it's run so consistently up...it's gotta come down.  Or will it?  Hmmmm?
918499
You are in idiot.  You are acting like you have a solid asset for sale.  I would rather buy an apartment building that was built on quick sand, and built on a fault line and built in a hurricane zone.  To me that seems like a more solid asset.\n\nGood luck.
432041
Southcourt Property Management have put together a business start up pack in lettings and property management. Think their website is www.lettings-opportunity.co.uk.\nPack costs £575 I have bought one and it is very useful!
536353
Over the long haul, you'll make more money renting if the property values are increasing in that area.  HOWEVER, there are risks in renting like shady tenants who don't pay or trash the place, and there is a lot of upkeep in between the tenants that will cost you.  So it's really up to how much work you want to put in.  Also, if you can't find a tenant then you're paying your current rent plus the cost of the flat, so that should be considered.
578334
Maybe check out a real estate investment club in your area.
30402
Real Estate Investment.
528791
Renting is a waste of your money!!! if you don't get that then just keep wasting your money on a property that you will never own, but your landlord will.
307928
You can get one buy searching at yahoo but I will suggest you looking into a triple net lease...
571572
Buying real property is not like purchasing stock.  Purchase it with the intention it is your home for 4-5 years.  Your return will be on your taxes -  You will gain equity and you can right off  the interest on the loan, & the taxes on the property and get a refund from the Federal Government and possibly State taxes. Waiting has thus far proven that interest rates rise and houses may come down a little, not enough to cover the interest rate hikes.  Speak with a loan officer to find out how much you can actually afford.  Renting is just throwing your money out the door with no return. I am a homeowner and have now been rewarded with a return of equity of over 275% and I still won't sell.  My investment was overpriced in 1971 and I now have an unbelievable return on my investment.  Don't think short term, think long-term and when the price is right sell it and move on.
766351
You have to look at the condo as you would any other investment.  Do the condo rules allow you to rent out the property if you needed to relocate for school?  Would such an asset disallow you from any low rate student loan programs for medical school? Can the property be sold in a timely manner if you needed to liquidate?  Are the property values rising at fast enough rate to justify the initial investment?    I realize these are more questions than answers but they are all important to your issue.  The most important one is the last one because real estate is just like any other investment if you are looking on a short term basis.