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All Forum Posts by: Matt Rose

Matt Rose has started 4 posts and replied 14 times.

Post: My area has a population of 40ish+% people renting

Matt RosePosted
  • Rental Property Investor
  • Roanoke Va
  • Posts 16
  • Votes 3

@Ryan K. Thanks for that insight Ryan! What do you think of Charlottesville ?!

Post: My area has a population of 40ish+% people renting

Matt RosePosted
  • Rental Property Investor
  • Roanoke Va
  • Posts 16
  • Votes 3

@Jason D. Crime pretty low but medium to low income area

Post: My area has a population of 40ish+% people renting

Matt RosePosted
  • Rental Property Investor
  • Roanoke Va
  • Posts 16
  • Votes 3

@Ray Harrell it’s a mixture of the two! And more specifically this is Vinton Va, which is very close to Roanoke Va.

Post: My area has a population of 40ish+% people renting

Matt RosePosted
  • Rental Property Investor
  • Roanoke Va
  • Posts 16
  • Votes 3

This may sound like a silly question but bear with me as I am a new investor who is saving for his first rental property (targeted 2021).

If my area has a high rental rate vs buy rate how does that impact me as somebody looking to be a landlord and own rental property? At first glance it seems like a positive thing since my houses would be easier to rent but I want to make sure there isn’t something I’m missing. Also, this would negatively impact my selling of the house later correct? Price/ value? Looking to rent a home in the 100k-120k range. Any help or guidance would be great!

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