I work with investors who want a rental in Fayetteville and the towns around it, including people buying from out of the area. I can help you find and buy the property, and Olive & Co. Property Management can manage it after.
I’d rather we run the numbers before you buy, not after. Management costs come out of your rental income, so they belong in the math from the start. You can see them on the Property Management page.
What the monthly math looks like
Before you buy, I want you to see where the rent goes. Roughly:
- Rent comes in.
- Management comes out first (10%, or 9% with more than one property).
- Set aside for repairs. Something always breaks. The question is when.
- Set aside for vacancy. A house isn’t rented twelve months of every year.
- Mortgage if you’re financing, plus taxes and insurance either way.
What’s left is what you keep. Some houses look good at the rent number and bad after this list. I’d rather show you that before closing than after.
Buying from out of the area?
If you’re in another state or overseas, I’ll walk the property, send photos and video, and handle the inspection and closing details on this end. You don’t need to be here to buy here.
If you’re looking at a rental, call or text me at (910) 556-1063.