Rental Property Investor · Member since 2018 · 14 posts · 2 votes
What seems to be better deal a high cash flow of $670 in C class area with some minor repairs, possible major repairs in 5 years. like roof, maybe foundation issues. Duplex was built in 1900. Ne t option is lower cash flow of $300 in B class area that needs no repairs, minor or major. Duplex built in 1987. Both properties have tenants. The B class area duplex is higher price than Duplex in C class area.
Investor · NJ · Member since 2018 · 869 posts · 921 votes
7y
Both properties will eventually need some sort of work whether it is now or a couple years from now. I'd personally go with the higher cash flow unless the costs of repairs were just as much as the other property costs then it might work out better to get the lower cashflow.