What would you do if this came up in your notifications ?
So I just had what might be a good deal for someone looking for a prime opportunity with cashflow with a 4 plex 2000 sqft. 1bd/1ba on 9831 sqft lot that could use some nice value add. The asking price $75k which is far pass my savings right now but they are bringing in $425 a door as is. Taxes are $1586 so tell me would this be a good deal to add to a portfolio?
It also looks like the last owner was struggling with his taxes
Bruce LynnPremium#2 Real Estate Agent Contributor
- Real Estate Broker
- Coppell, TX
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Who pays utilities?
Any bills paid by owner,like trash, yard care, any outside utils?
How old is the building?
Any deferred maintenance?
How are the big 5?
On the surface looks like a pretty nice deal with what you gave us.
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