Zillow Advice RSS: Question-Discussion-Guide,Home Buying,Kenosha- WI

Would this be a wise investment? Regarding a rental property

Sat, 29 Aug 2009 19:02:00 GMT

There is a very nice little upper/lower duplex for sale in Kenosha. It is assessed around 200k and is for sale for around 100k. Each level is approximately 700 sq ft, there is a very nice two car garage for the tenants to share as well. It is also in an excellent neighborhood. Does this sound like it would be a good investment? What is an approximate rental rate per unit?

3 replies

What's a reasonable offer to start with on this home?

Wed, 20 May 2009 17:24:00 GMT

I'm getting ready to view a home tonight and I can tell an offer may already be in sight for us. The house is city assessed at 195k in Kenosha, Wisconsin. It is in a great neighborhood. The house was originally listed at 174 and now it has dropped to 164k. It has been on the market about 5 weeks I believe. What would be a reasonable offer to make on it? The taxes are higher per year than I originally was targeted on. It would be good for me to make a combination of a lower offer plus seller paying some closing costs of mine. Advice Please!

2 replies

I would like to make a offer of $157,900 foreclosure listed at $234,000 owned by Fannie Mae

Thu, 16 Apr 2009 20:18:00 GMT

Is this a realistic figure, the house located in a rural area. I have full approval from my lender. Would this be considered a serious offer? The house has be on the market for less than 70 days.

5 replies

What's a reasonable offer on a foreclosure listed at 149k and city assessed at 206k?

Tue, 07 Apr 2009 14:46:00 GMT

What is a reasonable offer on a foreclosure that is listed at 149k and the city assessed it previously at 206k? This is in a middle class South Eastern Wisconsin neighborhood (Kenosha, WI).

12 replies