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Updated over 8 years ago on . Most recent reply

User Stats

6
Posts
1
Votes
Mitch Waltzing
  • Investor
  • Melrose, MN
1
Votes |
6
Posts

Analysis of older duplex

Mitch Waltzing
  • Investor
  • Melrose, MN
Posted

So here is the situation I am pondering and seeking advise.  Looking at duplexes, and most of them that are appealing are built in the 1930, up/downs. Most of the up units have the the roof line showing in the units (my assumption is that this is not desirable to live in).  So if I would purchase these duplexes would I be constantly overturning them/ sitting empty.

My number: vacancy 8, matanance 8, with property managment 8, capex 6, and cashflow is 200.  With the information I provided is there anything else I should be considering when looking at older duplexes.

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