James WisePoster#5 All Forums Contributor
- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
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How to SURVIVE buying low income real estate
When you are buying a duplex for $25,000 what are you really buying?
- What items are wrong with the property?
- What things do you need to fix?
- What things do can you leave alone?
- How will the tenants treat the property?
- What does the rest of the neighborhood look like?
- Is a property the cheap too good to be true?
- Is a $25,000 property a scam?
- Does investing in the ghetto make me a slumlord?
- What does an inspection report look like?
If you have any of those questions you need to check out THIS VIDEO as I break down two 3rd party inspection reports on some $25,000 duplexes in Cleveland, Ohio & provide a complete video tour on a 3rd. Note that I have already sold all 3 of these properties to other buyers so they are no longer available for sale. You should go into watching this video solely as a learning experience so you know what you are looking at when you are bidding on these types of properties.
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