Updated almost 5 years ago on . Most recent reply
considering a 100 yr property for a first rental.
listed price is 60k, 3bd 2ba. Logansport, in 46947. i plan to do a live-in fix up & rent out in the spring. no major rehab needed. just some cosmetic upgrading. i expect to rent it for $850 a month.
the majority of properties are older homes. should i worry about the age of the property? what are some things to look for in homes of this age?
i don't expect a home run on my first go. numbers look good to me (i am a newbie though).