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 almost 6 years ago on . Most recent reply

User Stats

3
Posts
1
Votes
Salar Rouhi
1
Votes |
3
Posts

Looking at purchasing a specific property

Salar Rouhi
Posted

Hello,

I am looking at purchasing a duplex. They are both 2 bed 1 bath built in 1958. That are currently rented for 650 plus utilities. In the current market I should be able to get 850 plus but the renters have lived at this location for a while.

Price has been agreed on 195,000. I have no cash available but my house is paid off and was thinking about pulling from there. Tax is roughly 2300 a year.

Any suggestions? Good or bad deal?

Most Popular Reply

User Stats

28,238
Posts
41,447
Votes
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,447
Votes |
28,238
Posts
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

You have to learn how to analyze investments. CLICK HERE for a free lesson. You may want to skip forward to slide #45 or so.

  • Nathan Gesner
business profile image
The DIY Landlord Book
4.7 stars
192 Reviews

Loading replies...