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Updated over 11 years ago on . Most recent reply

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Marcus H.
  • Indianapolis, IN
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Indianapolis single family

Marcus H.
  • Indianapolis, IN
Posted
I have a 3bd/1bth near the university of Indianapolis renting for $850/mo. Needs about 3,500 in repairs and seller wants 47,500. How would the real estate vets evaluate this deal and the viability?

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Ben G.
  • Investor
  • Indianapolis, IN
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Ben G.
  • Investor
  • Indianapolis, IN
Replied

@Marcus H.  don't get caught up with analysis paralysis, which is easy to do with all the information available on BP. That looks like a great deal if it only needs $3,500 in repairs.  Do your due diligence and if everything checks out buy it.  

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