All Forum Posts by: Jillian Steelman

Thanks for the insight! We are only into the property for $500 earnest money so no real loss there. This is a college town that rents well to both families and students. Obviously investors see this as a great investment as did I…hence all the new houses listed as rentals. Just got a little nervous that so many rentals all listed at the same time. I just have to remember I’m in this for the long haul..and I can always come down off the rent a little the first year to be competitive and get someone in to get it rolling. Thanks for the support 

Newbie investor here. We have a contract on a new construction home to rent and I felt great about it…until the least few days when a ton of also newly built homes on the same street hit the MLS for rental. We can be competitive with rent amount and almost all of the rentals are 3-2 and we have a 4-2. The large amount of new rentals all trying to rent at the same time we are makes me nervous. Stay the course or back out?