Rookie Needs Help with Evaluating a Deal: Any advice is great!

Rookie Needs Help with Evaluating a Deal: Any advice is great!

New to Real Estate · Cookeville, TN · Member since 2020 · 7 posts · 0 votes

Here is the deal analysis. Forgive me for my lack of knowledge but would like some feedback about the deal and whether it makes sense or not. The property is about an hour away from my current residence. It will need some work to divert water flow from the crawl space but otherwise is in solid condtion via the home inspection. Needs a vapor barrier as well. Thanks

https://drive.google.com/file/...

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Developer · SLC, UT · Member since 2013 · 50 posts · 35 votes
6y

@Todd Strong i didn’t try to open the folder. Your post told me enough to help. 
If your newer, I’d suggest not kicking off your journey with a deal that needs to divert water from the house. 
What’s your strategy?

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  • Rental Property Investor · Greenwich, CT · Member since 2015 · 4k+ posts · 2k+ votes
    6y

    @Todd Strong, can't access the file, brother.

  • New to Real Estate · Cookeville, TN · Member since 2020 · 7 posts · 0 votes
    6y

    Could I send it to you through email?

  • Rental Property Investor · Greenwich, CT · Member since 2015 · 4k+ posts · 2k+ votes
    6y

    You can DM it, @Todd Strong. Don't forget to "@" people in the forums so they know you've replied.

  • Developer · SLC, UT · Member since 2013 · 50 posts · 35 votes
    6y

    @Todd Strong i didn’t try to open the folder. Your post told me enough to help. 
    If your newer, I’d suggest not kicking off your journey with a deal that needs to divert water from the house. 
    What’s your strategy?

  • Real Estate Agent · Oakland, CA · Member since 2019 · 37 posts · 40 votes
    6y

    @Todd Strong Can't access your file but what is your investment strategy, are you buying and holding? Flipping? etc... you may want to contact a local real estate agent that works with investors to help.

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