Real Estate Financing Tips

John Schaub: They have to be realistic about what kind of rents they really are in your town and then what kind of need cash they are before you can figure it out what your going to afford to pay. I suggest people to rent survey, they go to get there sunny paper, classified ads and they go in the whole angles of papers for about a month, don’t do it when they’re brand new.

Interviewer: Collect them?

John Schaub: Yeah! And take a paper that is a muffled and encircle the houses for rent and neighborhood instead you renters are then now they could recognize in columns and you may not able to tell the neighborhood be able to tell a price range. If you’re buying houses or rent for $800.00 months circles those ads, if you’re buying a house at rent for $15,000.00 a months circle those ads you know. Just circle the ads in a better in the price range that you think you want to buy in. And then call all those ads and asks people how long if you have them for rent or you know it’s been a list for a weeks or the papers for reach old. So, ask them if they rented the house, ask them what kind of security deposit they want and then go out and look at these houses so you know what your competition is.


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