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Updated almost 6 years ago on . Most recent reply

Scott Armantrout's profile image
Scott Armantrout's profile image
Scott Armantrout
  • Rental Property Investor
  • from Arlington, TN
  • Member since May 19, 2019
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Scott Armantrout's profile image
Scott Armantrout's profile image
Scott Armantrout
  • Rental Property Investor
  • from Arlington, TN
  • Member since May 19, 2019
Connect
Scott Armantrout
  • Rental Property Investor
  • Arlington, TN
0
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9
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Multi-Family and Apartment Investing

First Duplex, Deal or No Deal

Scott Armantrout
  • Rental Property Investor
  • Arlington, TN
Posted

Recently found a duplex listed for $75,000 that is currently occupied and $1284 in monthly rent.  A similar duplex one block away sold for $53k in April of this year.  It's been on the market for just over 80 days.  The listing agent claims no repairs needed.  Of course and inspection would make it clear if that were true or not.  I'm considering coming in at $63k.  Deal or no deal?

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