Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

7
Posts
0
Votes
Donald Beamon
  • Real Estate Professional
  • Lomita, CA
0
Votes |
7
Posts

Opinions on this deal please

Donald Beamon
  • Real Estate Professional
  • Lomita, CA
Posted

Wilmington, CA (Southbay area)

Duplex (total 3br/2ba and no shared walls) for $360,000

2/1 + garage for back unit (650sqft)

1/1 with full front yard (550sqft)

Repairs none, this place is completely updated (granite, laminate floors, W/D, DW, fridge, micro, oven/stove) and the inspectors were extremely shocked in the condition.

VA loan so 0 down (will stay here minimum of 6 months before leaving)

Closing cost  $3,500

Gross monthly income is currently $2,700/mo

yearly lease agreements

vacancy I believe will be low, its in a great area as in... plenty of longshoreman and refinery operators always looking for a close place to live.

If I miss anything please let me know, I've already ran numbers but I'm new to this and can easily make a mistake! 

Please let me know what you guys think!

Most Popular Reply

User Stats

55
Posts
21
Votes
Edward Peugh
  • Real Estate Agent
  • Charlotte, NC
21
Votes |
55
Posts
Edward Peugh
  • Real Estate Agent
  • Charlotte, NC
Replied

happy to help,

currently rented?

Taxes?

Home Owners Dues?

Any other expenses?

Ed 

Loading replies...