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Real Estate Deal Analysis & Advice

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Michael Koncaba
  • Accountant
  • Alvin, TX
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47
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2/1 In Alvin Texas

Michael Koncaba
  • Accountant
  • Alvin, TX
Posted Jul 30 2016, 15:17

Hey BP,

I was wondering your opinions on this property that has sat listed as a foreclosure for quite some time in my hometown of Alvin, Texas. It needs a good chunk of work, but I do not know the extent and after analysis I wouldn't offer if I didn't find it a profitable venture. My questions really lies with the fact that is 2 bed 1 bath. Assuming I got it at the price that would work, would that rent? 

In my area there aren't many 2 bedroom homes so I'm not optimistic about it, but I'm curious of anyone's experience with 2 bedroom homes in their area.

Thanks!

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