Updated about 11 years ago on . Most recent reply
Comparing two properties
Hi All,
I am trying to decide which property to invest in. All inputs are welcome. Both are at the same price
Property A: Lot is 7,000 sq ft and the house is 2,700 sq ft. 4 bedrooms with an extra room that can be converted to another room and 3 bathrooms. It needs work on restructuring 1/4 of the backyard and some cosmetic work inside the property. 3 car garages.
Property B: Lot is 6,600 sq ft and the house is 2,500 sq ft. 4 bedrooms only with 3 bathrooms. Everything is well kept and is in really good condition (Like a model home). This has a 3 car "tandem" garage.
I want this to be a buy and hold property (at least for now). Which one do you think will be a better investment (cash flow wise and value wise)? Thank you