Renovation has started on this property and will be completed by May 1, 2010. The property will look amazing. We are offering this property during renovation at $52,500. On May 1, we will be raising the price to $56,000. The property will rent for at least $900 or I will pay you the difference during a period of 1 year lease.
Alex Craig
901-848-9028
I have rental properties and manage properties in the Raliegh area and the rent range is fair. All of my properties in this area rent for a min. of $950. If you have a good house with a great renovation getting a premium rent is not a problem in Memphis. No one wants to live in a dump.
benolyn1228 1 year ago
@ranbanaria
I do not know. No one has ever asked me that. Not sure if it even applies?
alcraig70 1 year ago
if it is good rental income and positive cashflow, why didn't you buy it by yourself so that you take the dividends?
ranbanaria 1 year ago