Comments on: 7 Questions to Ask Your Realtor About Investment Property-My Response

By: Scott Ficek

Scott Ficek — Mon, 16 Jan 2012 18:48:27 +0000

Are you planning to buy a 2nd house? Do you have the down payment to do that?

Making your primary residence a rental can be a good idea if you are prepared to be a landlord. You should check what properties like yours are renting for in your area. If you can cover your expenses AND make $200 or so per month it may be worth it. Any less will not allow you to cover costs of turnovers.

By: MinnesotaHouse

MinnesotaHouse — Wed, 11 Jan 2012 22:31:45 +0000

We are looking to buy a house, and being upside down on our current home- we are exploring the option to rent and keep it as an investment property. We would be asking the rental amount for exactly what we pay in mortgage (high interest rate- otherwise would consider lower). Big question- IS IT WORTH IT? Since we will not be making any money…. Any advice would be much appreciated. Thanks.

By: Home Insurance Quotes Blog

Home Insurance Quotes Blog — Fri, 05 Feb 2010 23:45:40 +0000

Very Good questions and answers. Anyone looking to make a living off of property needs to be thorough in this manner or risk getting burned and losing money instead.

By: Anadea

Anadea — Tue, 21 Jul 2009 17:32:27 +0000

this is great article!! i have read so many books and blogs an everyone tell you what to ask but no one tells you what the answers should be.

By: Chris Lengquist

Chris Lengquist — Fri, 04 Apr 2008 14:45:56 +0000

Good answers. And you are right to share info to a point and then draw a line. If people want my analysis and expertise they are going to have to use my services either by commission or by the hour. Either is fine with me.

By: Erik Jensen

Erik Jensen — Thu, 03 Apr 2008 09:17:37 +0000

Wow! You gave me a good insight about venturing into real estate. This “question and answer” posting is a great way for novices to be familiar in this kind of investment and to understand the role/function of the Real Estate agent.

By: sellhouse

sellhouse — Tue, 01 Apr 2008 20:50:23 +0000

Thanks for sharing this wonderful article with some great stuff,I found your site very interesting With the right information Choosing the right real estate professional for your home selling need can be the difference of losing your home to foreclosure or selling your home fast.

By: Investment Property

Investment Property — Tue, 01 Apr 2008 20:15:52 +0000

Bill-
Sorry. I have spent hours creating that spreadsheet so I really keep it just between myself and my clients.

If you become my client…..!

Scott

By: Investment Property

Investment Property — Tue, 01 Apr 2008 20:14:28 +0000

Thanks John-
I look forward to it.

By: Bill R.

Bill R. — Tue, 01 Apr 2008 17:03:18 +0000

Any chance you would be willing to share the spreadsheet you posted the image of?