{"id":1021,"date":"2012-07-20T15:23:39","date_gmt":"2012-07-20T15:23:39","guid":{"rendered":"http:\/\/nihongo-de-columbus.com\/?p=1021"},"modified":"2024-03-04T14:26:22","modified_gmt":"2024-03-04T14:26:22","slug":"%e3%80%90investment-property%e3%80%91dublin","status":"publish","type":"post","link":"https:\/\/xpat-homes.com\/expat\/voices\/inv-play-by-play\/%e3%80%90investment-property%e3%80%91dublin\/","title":{"rendered":"\u3010Investment Property\u3011Heather Glen"},"content":{"rendered":"<p><iframe loading=\"lazy\" src=\"http:\/\/www.youtube.com\/embed\/0YYhvI15ZMQ\" frameborder=\"0\" width=\"560\" height=\"315\"><\/iframe><br \/>\n<a href=\"https:\/\/xpat-homes.com\/expat\/wp-content\/uploads\/2012\/07\/Haddingtonshire-400x300-1.jpg\" data-lbwps-width=\"400\" data-lbwps-height=\"300\" data-lbwps-srcsmall=\"https:\/\/xpat-homes.com\/expat\/wp-content\/uploads\/2012\/07\/Haddingtonshire-400x300-1.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/xpat-homes.com\/expat\/wp-content\/uploads\/2012\/07\/Haddingtonshire-400x300-1.jpg\" alt=\"\" width=\"400\" height=\"300\" class=\"alignleft size-full wp-image-30155\" \/><\/a><br \/>\nJohn and Rachel (not their real names) told me that they were ready to invest in a property some time in May of 2012. \u00a0They were thinking of investing in properties for a while to fund their two children&#8217;s college tuition. \u00a0When I told them that I had a client who was looking for a rental house in Dublin in the end of May, they got right on to get a pre-approval from a lender. By the time when the tenant-to-be decided on a condo and John and Rachel made an offer, the property had already received an offer from another buyer&#8230; \u00a0We put a backup offer and waited until the tenant-to-be found another property that he liked.<\/p>\n<p>On June 1st, John and Rachel\u00a0made an offer to a single family home also in Dublin to which this tenant-to-be decided to write a 3 year lease. \u00a0We exchanged several counter offers and went into contract on June 6 : ) \u00a0The tenant&#8217;s time line was to move into the home asap so he could call his family in from Japan before the his son and daughter&#8217;s\u00a0school year would start. \u00a0An inspection was ordered right away and repairs were made by the Seller. \u00a0A lease agreement was signed with the tenant before closing. \u00a0John and Rachel closed the house on July 19 and the tenant moved in right after.<\/p>\n<p>John and Rachel recalls the time when they lived in Japan. \u00a0They know how hard it could be to live in a foreign country. \u00a0They are very happy to be able to return the favor that they received in Japan. \u00a0John and Rachel plan to continue investing in more properties and to be good landlords to more families.<\/p>\n<p>\u30104 Bed\/2.5 Bath\/2 Car Garage Single Family Home in Dublin\u3011<br \/>\nPurchase price: $205,900<br \/>\ncash investment $50,559<br \/>\n10 year forecast of the investment<br \/>\ncap rate\/year (NOI) 6% (first 7 years) and 7% (8th year on)<br \/>\npay off comes in the 4th year<br \/>\ncapital return on investment after tax $41,859<br \/>\nafter tax income of $67,391<br \/>\nan approximate annualized return: 12%<\/p>\n<div class=\"padTop30\"><!-- --><\/div>\n<p><strong>\u3010Comments from John and Rachel about me\u3011<\/strong><\/p>\n<p><a href=\"https:\/\/xpat-homes.com\/expat\/wp-content\/uploads\/2012\/07\/tom-comment2.jpg\" data-lbwps-width=\"500\" data-lbwps-height=\"355\" data-lbwps-srcsmall=\"https:\/\/xpat-homes.com\/expat\/wp-content\/uploads\/2012\/07\/tom-comment2.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/xpat-homes.com\/expat\/wp-content\/uploads\/2012\/07\/tom-comment2.jpg\" alt=\"\" width=\"500\" height=\"355\" class=\"alignnone size-full wp-image-30156\" \/><\/a><br \/>\n<a href=\"https:\/\/xpat-homes.com\/expat\/wp-content\/uploads\/2012\/07\/tom-comment12.jpg\" data-lbwps-width=\"500\" data-lbwps-height=\"221\" data-lbwps-srcsmall=\"https:\/\/xpat-homes.com\/expat\/wp-content\/uploads\/2012\/07\/tom-comment12.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/xpat-homes.com\/expat\/wp-content\/uploads\/2012\/07\/tom-comment12.jpg\" alt=\"\" width=\"500\" height=\"221\" class=\"alignnone size-full wp-image-30157\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>John and Rachel (not their real names) told me that they were ready to invest in a property some time in May of 2012. \u00a0They were thinking of investing in properties for a while to fund their two children&#8217;s college tuition. \u00a0When I told them that I had a client who was looking for a rental house in Dublin in the end of May, they got right on to get a pre-approval from a lender. By the time when the tenant-to-be decided on a condo and John and Rachel made an offer, the property had already received an offer from another buyer&#8230; \u00a0We put a backup offer and waited until the tenant-to-be found another property that he liked. On June 1st, John and Rachel\u00a0made an offer to a single family home also in Dublin to which this tenant-to-be decided to write a 3 year lease. \u00a0We exchanged several counter offers and went into contract on June 6 : ) \u00a0The tenant&#8217;s time line was to move into the home asap so he could call his family in from Japan before the his son and daughter&#8217;s\u00a0school year would start. \u00a0An inspection was ordered right away and repairs were made by the Seller. \u00a0A lease agreement was signed with the tenant before closing. \u00a0John and Rachel closed the house on July 19 and the tenant moved in right after. John and Rachel recalls the time when they lived in Japan. \u00a0They know how hard it could be to live in a foreign [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-1021","post","type-post","status-publish","format-standard","hentry","category-inv-play-by-play"],"_links":{"self":[{"href":"https:\/\/xpat-homes.com\/expat\/wp-json\/wp\/v2\/posts\/1021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/xpat-homes.com\/expat\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xpat-homes.com\/expat\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xpat-homes.com\/expat\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/xpat-homes.com\/expat\/wp-json\/wp\/v2\/comments?post=1021"}],"version-history":[{"count":3,"href":"https:\/\/xpat-homes.com\/expat\/wp-json\/wp\/v2\/posts\/1021\/revisions"}],"predecessor-version":[{"id":30158,"href":"https:\/\/xpat-homes.com\/expat\/wp-json\/wp\/v2\/posts\/1021\/revisions\/30158"}],"wp:attachment":[{"href":"https:\/\/xpat-homes.com\/expat\/wp-json\/wp\/v2\/media?parent=1021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xpat-homes.com\/expat\/wp-json\/wp\/v2\/categories?post=1021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xpat-homes.com\/expat\/wp-json\/wp\/v2\/tags?post=1021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}