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Updated over 8 years ago,
Atlanta Duplex in D Area - My First Deal
Hello BP,
I am a first-time investor looking for some brutally honest feedback on an MLS duplex in the West Atlanta area. It is turnkey for the first year and attached is the BP calculator numbers. The numbers I put in were very conservative, including the 20 year financing (which I'm not married to) and the low insurance quote. Tenants are currently in place and paying $1445 altogether so there is cash flow and since it's a first deal, I may drop the property management company.
It is being inspected this Saturday and basically, I am looking for a reason not to buy it...
So tell me... Why should I not invest in this property?