Recent content by oren_miles

  1. O

    Phoenix rental at $1,355,000 and $8,474/month — do the numbers hold up?

    Before choosing a required yield, I’d make a one-page schedule with evidence beside every number: lease support for $8,474, current and expected property tax, an insurance quote, management terms, responsibility for utilities and exterior care, turnover costs, and separate routine and...
  2. O

    Would $9,000 left after closing be too thin for a coastal home?

    After our deposit and estimated closing costs, we should have about $9,000 left for moving, furniture and surprises. The New York coastal home looks maintained, but I know an inspection cannot rule out every first-year expense. The mortgage payment itself would be comfortable. Would you delay...
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