Can I do Rentals?

July 20, 2009 by admin  
Filed under Real Estate, Rentals

rental-1

I was asked the other day whether or not as a REALTOR whether or not I could do rentals? My answer? What makes you think I can’t? Well an agent I was trying to work with said she doesn’t work with rentals.

Ah now I see where you are getting at…. Yes I work with rentals from both ends. I list them and I work with those who are looking for rentals. I know many agents who do not do rentals. Why? Its just a preference. There are those who only work with buyers and those who only work with sellers.

So do I work with rentals? Yes, yes I do… Would you like me to help you find you a Rental or would you like me to list your home or condo for rent? If so, you can reach me at jneerpat@gmail.com. I would love to help you with that!

Jeannette Neerpat
9000 Sheridan Street
Pembroke Pines, Fl 33024
www.Neerpat.com

Would you like a Free Market Analysis? Visit www.Neerpat.com or call 954-993-4104.

Should I Buy or Rent?

June 29, 2009 by admin  
Filed under Buyers, Real Estate, Rentals

You are wondering whether to buy or rent? Well let’s take a look at some numbers. Some people are visual. So here we go.

  • Purchase Price $250,000
  • Mortgage 5% for 30 yr                              $241,250
  • Monthly payment (P&I)                                       $1,295.08
  • Plus 1/12 annual tax and insurance                   $450.00
  • Total Payment $1,745.08
  • Less onthly tax savings                                         $332.95
  • Less monthly appreciation                                  $625.00
  • Less monthly principal reduction                      $296.61
  • Net cost of owning $490.52
  • Monthly rent for comparison                             $1600.00
  • Less cost of owning                                              $490.52
  • Monthly cost of renting vs. own $1,109.48
  • Annual cost of renting vs owning $13,313.75

So now you can see how much of a differences there is between renting vs owning. Plus now you have the Tax Credit to help you out with down payment.

Jeannette Neerpat
9000 Sheridan Street
Pembroke Pines, Fl 33024
www.Neerpat.com

Would you like a Free Market Analysis? Visit www.Neerpat.com or call 954-993-4104.