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Updated over 7 years ago on . Most recent reply

User Stats

388
Posts
90
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Liz C.
  • Property Manager
  • New York, NY
90
Votes |
388
Posts

Hi help me analize this : arlington texas location and this deal

Liz C.
  • Property Manager
  • New York, NY
Posted

Hi Biggerpocket Communities ,

I have been wanting jumping into this deal, but before I do i would like to ask advise on local or Arlington experts.

2314 bamboo DR 

Arlington texas 76006

1 bedroom condo for 78k, and with taxes and HOA about $200 per month, seller say I can get rent about 850 a month.

sounds like good deal to me. any local people can advise to me regarding location and if is true I can get that much rent for a one bedrom about 500 square feet?

is it goo location?

thank you!

Most Popular Reply

User Stats

324
Posts
384
Votes
Anna Buffkin
  • Investor
  • Pawleys Island, SC
384
Votes |
324
Posts
Anna Buffkin
  • Investor
  • Pawleys Island, SC
Replied

I have a 21k mortgage on a condo though yes it takes some looking.  

I see you are in North Carolina. Why Texas rather than north or south Carolina? I own condos in Columbia.  In fact I am under contract for 3 condos in a complex already own one in that rent for  $750, $750, and $700 totalling $2200 gross rent a month.  The contract is for $80k for all 3.

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