Updated about 9 years ago on . Most recent reply
tips or advice on first deal
Two bed one bath preside duplex, and both sides are being rented out for 375 each with tenants pay utilities. Asking price is $18,000. Owner says tenants have been there for two years. I will be taking a tour on Monday I plan to offer $15,000. I used the rental property calculator from bigger pockets, and the monthly cash flow came out to $439.33. Does everything seem ok? Any tips or suggests. Also, I have a contractor coming with me for a repair estimate; however the owner says it's in decent condition.