Real Estate Agent
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 4 years ago on . Most recent reply

Potential investment property
New Investor Here!
I am a new investor & I am looking at buying my first investment property. However, I am unsure if this this a smart investment to get into.
Here are the details:
-This is a 4 Bedroom 4 bath, 1,900 sqft
-it’s in good shape just needs a few renovations
-This property is in a smaller town
-Asking price is 125k
-They are motivated sellers
-The ARV would be about $160k
My question to you guys is, do you think that with today’s market this would be a good investment although the location of this property is in a smaller town?
Based on the details, how do you think I should go about it?
Thanks in advance for the advice.