All Forum Posts by: Eric Carbrey

Thanks Westin, good points. 

From what the owner is telling me the expenses are $418 total. That does seem a bit on the low side to me. But I am new at this. 

It is $475 per unit. with four units. Does that change things?

There is a fourplex for sale in my city that started at $149k I have talked him down to $140.

I am very interested in the unit. Here are some hang up I have. Right now the tenets are in a program that get homeless people off the street. Guaranteed rent to be paid by the city, and they have a case worker that visits the units once a week to check on things. Would you do this?

Rent is $474/m

expenses $418/m per previous owner.

Whats is your opinion BiggerPockets?