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Updated over 4 years ago on . Most recent reply

User Stats

46
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20
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Joy James
  • Bethlehem, GA
20
Votes |
46
Posts

Rehabbing a multi family advice

Joy James
  • Bethlehem, GA
Posted

Hi all, hubby and i recently bought a tripkex witg exiting tenants. But our Inspector didnt di a thourough hib. Needkess to say, after 3 months in, all sorts of issues arose. Right now 2 units are empty. We need to repair structural stuff, plumbing, as well as update kitchen, flooring and bathrooms to the tune of 20k for just first unit. Question is: is it worth the investment since current rent is $750 and after rehab, we will ask $1150 after rehab per unit? Any and all advie is appreciated.

  • Joy James
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