Updated about 9 years ago on . Most recent reply
Advice on potential buy
tomorrow i will be looking at a rental property...a duplex in my hometown. its listed for 59000 putting the mortgage around 300 per month and the taxes added at around 300 a month again plus insurance would be an additional 80$ a month. this puts me at around 700$ per month in costs. each apartment could be rented for 650 plus utilities meaning around 1300 a month minues the 700 is 600$ a month in profits. i'm thinking its a good deal any thoughts?