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All Forum Posts by: Darrion Harris

Darrion Harris has started 2 posts and replied 4 times.

Post: Multi Family

Darrion HarrisPosted
  • Homeowner
  • Baltimore, MD
  • Posts 6
  • Votes 0
Thanks everyone you right ned I came up with that cap rate as well. The property is in montebello area across Clifton park. It's close to schools parks also I did a check the rents in that area and you are right it's way low but I was going to schedule to take a look at the property and do a little more research

Post: Multi Family

Darrion HarrisPosted
  • Homeowner
  • Baltimore, MD
  • Posts 6
  • Votes 0
Good evening everyone. My name is Darrion and I'm newbie but I wanted to say thank you to all that has given me advice on real estate. I wanted to get thoughts on this property. It's a 2 multi family unit. The 1 st unit is a 4 bed 1 bath with a tenant paying 650 per month. The 2nd unit is 2 bed 1 bath and the tenant pays 450.00 per month. Repairs is 5 to 10 grand for upgrading the property. The seller tells me it's zoned as a 2 unit apartment building which was grandfathered in. The tenants are renting the units on a month to month basis. The asking price is 27000 or obo. My question is this a good deal to start out with

Post: Newbie

Darrion HarrisPosted
  • Homeowner
  • Baltimore, MD
  • Posts 6
  • Votes 0
Thank you I really appreciate the info

Post: Newbie

Darrion HarrisPosted
  • Homeowner
  • Baltimore, MD
  • Posts 6
  • Votes 0

Good afternoon to everybody my name is Darrion. Right now reading different blogs has given me more and more confidence to buy a property but only thing I like to have a mentor to guide me alongside the way. My question is there any mentors in the baltimore area if so can I pick your brain and guide me along the way