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General Landlording & Rental Properties

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Tamara George
  • Real Estate Investor
  • Fairbanks, AK
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Found a property Not sure if I should invest.

Tamara George
  • Real Estate Investor
  • Fairbanks, AK
Posted Oct 18 2014, 10:06

My neighbor is selling a duplex that currently has both units occupied.

She charges $1750 a month for each unit ($3500) which includes water and heat. She's askin 299,000; however she only owes 265,000. Minimal repairs need to be done. I want to offer her 270,000. 

Does this sound like a good investment?

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