All Forum Posts by: Charlene Stovin

@John Thedford I like the idea for renters without pets!!

Second post ya’ll, love the wonderful people here

In terms of buying a rental, I could imagine a 3 bedroom is what most families would prefer, but if you had a choice to buy a 2 bedroom maybe in a nicer area and nicer home for the money, would you?

Are 2 bedroom homes as easy to rent? I know it all depends on what a renter is looking for....but thoughts?

@Steve Bracero quick question on this...so you get the fha loan, live in the home while fixing or whatever....at what point can you rent it if you are looking at sfh?

@Ellen Kirchdoerfer and everyone, thank you for the posts....I’m a little nervous it’s a big investment and I’m risk averse 😃

@Ronald Rohde unfortunately will have to carry a loan..... I’m almost debt free with the exception of my own home but my options are to wait 5-7 more years after main home is paid for, or move now....

Hello all

I am just starting my voyage, and reading everything I can.  I searched the forum, and didn't really find an answer, so here goes:

Do I look for something anywhere in Texas that is within my budget?  (Ok, not anywhere - but farther than an hour from where I live?) - or do I just stay close to home?  Part of the answer I am sure will be if I plan to use a rental agency to manage my rental.  

I have heartburn over a rental agency; but if you are more than an hour away from the home, is that feasible in situations where you might need repairs done?  Need to check up on the home every once in a while?

There isn't a ton in my price range; I am looking 150K or under; a "starter" investor but obviously am finding more the farther I move out from Fort Worth

Thank you in advance for sharing your thoughts!

C.