@Ian Koteles , how much will you need to invest to refresh the units and bring up the rents?
- Is $700 market rent or can you go higher?
- Are there any other house utilities that you'll have to cover?
- What about lawn care?
- Any chance to boost income through coin laundry or renting out storage space?
Roughly 10k/unit. $100k+
Average rents in area are $950
No laundry hookups in units. Is an area in courtyard for coin operated to be added for additional income.
Don’t believe lawncare was factored in but appears minimal.