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Updated almost 11 years ago on . Most recent reply

User Stats

75
Posts
32
Votes
Mario Alexandrou
  • Investor
  • Lake Nebagamon, WI
32
Votes |
75
Posts

First walk through.

Mario Alexandrou
  • Investor
  • Lake Nebagamon, WI
Posted

I have a question as a newbie on BP, going to look at a eightplex , ie two fourplexes side by side. Cost for both side $215,000, income $4250 approx as one unit is still been renovated and has no tenant. Taxes $7695 for both sides. What should I be looking for on first walk around with agent. From what I've seen from the outside, one of the buildings looks like it needs lots of care. I'm sure there has been a neglect in capital expenditure department.

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