All Forum Posts by: Jon H.
Jon H. has started 5 posts and replied 51 times.
Post: Need help deciding to buy my 1st rental

Jon H.Posted
- Investor
- Birmingham, AL
- Posts 51
- Votes 9
I'm looking to buy a rental property in a section 8 neighborhood. The house needs paint among other things. The house is advertised with a new roof, however they put new shingles on the roof but the underlayment looks wavy and rotted in some areas. The floor gives a little when walking through the home in some areas. They want 18,900 for the house. At what price should i try and get this for, or should i walk away? Other than that the house really only needs new carpet and paint to put a renter in. Please help.
Thanks,