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Updated about 3 years ago on . Most recent reply

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Lorraine Martin
  • Real Estate Agent
6
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40
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[Calc Review] Help me analyze this deal

Lorraine Martin
  • Real Estate Agent
Posted

View report

*This link comes directly from our calculators, based on information input by the member who posted.

Hi everyone! My husband and I are thinking about buying another rental investment and this one looks turn key ready. Thoughts on if it is a good rental long term investment? 
Thanks! 

Most Popular Reply

User Stats

40
Posts
6
Votes
Lorraine Martin
  • Real Estate Agent
6
Votes |
40
Posts
Lorraine Martin
  • Real Estate Agent
Replied

Hey Mark, Yes. This was incredibly helpful. We actually put a offer on it for 183K because we realized how much we would end up spending in it after buying like you said. We went up against 6 other offers and lost. It was not meant to be. We are at peace about it though and anxious to find our next deal. We are ready. Thanks for the input. I really appreciate your time. What do you look at when analyzing a deal? Do you buy most of your investments on MLS? This is just a hard time to buy on MLS it seems like. Average time a house is on market in my area is 4 days. Crazy.

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