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Updated over 8 years ago on . Most recent reply

User Stats

24
Posts
10
Votes
Christian Tallet
  • New to Real Estate
  • Dayton, OH
10
Votes |
24
Posts

Looking at Properties For the First Time

Christian Tallet
  • New to Real Estate
  • Dayton, OH
Posted

So I'm looking at a property and it's currently listed for 115,000 and it looks to be a good deal because there are two 2 bedrooms and 2 one bedrooms and it's pretty much rent ready besides one of the units which just needs flooring. the tax assessment the last few years is only showing 20k so I'm a little worried and not sure what this means. any tips?

Most Popular Reply

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4,081
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1,596
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George P.
  • Property Manager
  • Livonia, MI
1,596
Votes |
4,081
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George P.
  • Property Manager
  • Livonia, MI
Replied

for rental?

how much would it rent? if ohio is anything like michigan, a 2/2 rents for $800.

paying $115k for $800 is a terrible deal. terrible.

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