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Anyone rent houses?

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pigphd

Member
Apr 29, 2010
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I've been on here before asking about rental houses. My wife and I are looking for a place in Ames or within 20 minutes of Ames. We prefer a farm house, but that has been near impossible to find as we expected. We are looking for a nice house, prefer a garage, W/D dishwasher, AC etc. We will be around for at least 2 more years, so we're good long term tenants.

Lease would need to start Aug.1, possibly July 1 at earliest.
Leaving current lease due to owner returning from sabattical.

If you have something that might be of interest please shoot me a PM. Leave your number or email and I will get a hold of you. Please describe the place and price.

Thanks.
 
For sale doesn't help, unless you want to sell it nice and cheap. and I mean real cheap. Also, I have done the craigslist deal a lot and it is not yielding much, thought I'd try my friends on CF. Also, thought if you help me i can help you as I'll be here for a while and am a good renter.
 
I don't know what your situation is but I can tell you right now in the Des Moines area the rental market is a lot more expensive a month than if you were to just buy something and take advantage of the low interests rates and housing market values that are down. I don't know what a farm house rental is going for but the house next door to me in town in the Beaverdale area just went up for rent and they are asking $1000/mo plus you pay for utilities and upkeep of the lawn for a 3 bedroom ranch that is just over 1000 sq feet and needs some updating done to it. A quick search of craigslist and that is right about the average for a house like that from what I could tell.

For that kind of money and the rates today financially it makes more sense to buy. Even if you don't plan on living in it long term you could turn it into an investment property and either rent it out or do some renovations and hope to make a little money on it in a couple years hoping the market recovers a little bit. I just hate the idea of throwing that kind of money away on rent and never seeing it again when you could put it into some equity and get some of that value back even if it is a short-term thing.
 
CYdTracked said:
I don't know what your situation is but I can tell you right now in the Des Moines area the rental market is a lot more expensive a month than if you were to just buy something and take advantage of the low interests rates and housing market values that are down. I don't know what a farm house rental is going for but the house next door to me in town in the Beaverdale area just went up for rent and they are asking $1000/mo plus you pay for utilities and upkeep of the lawn for a 3 bedroom ranch that is just over 1000 sq feet and needs some updating done to it. A quick search of craigslist and that is right about the average for a house like that from what I could tell.

For that kind of money and the rates today financially it makes more sense to buy. Even if you don't plan on living in it long term you could turn it into an investment property and either rent it out or do some renovations and hope to make a little money on it in a couple years hoping the market recovers a little bit. I just hate the idea of throwing that kind of money away on rent and never seeing it again when you could put it into some equity and get some of that value back even if it is a short-term thing.
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I agree completely with you, would love to buy a house as it makes much more sense except for this. I'm a grad student who finishes my degree in 2 years- more than likely not staying in Ames for career so don't have the advantage of building equity and then have to deal with selling a house, and who knows what the market will be. If it were 5 years that I knew I would be here, there would be no conversation right now.
 
pigphd said:
anybody?
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alltruck.jpg


Solves two of your issues you are facing.
 
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