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Updated over 4 years ago on . Most recent reply

User Stats

11
Posts
4
Votes
April Savoie
  • Logansport, IN
4
Votes |
11
Posts

considering a 100 yr property for a first rental.

April Savoie
  • Logansport, IN
Posted

listed price is 60k, 3bd 2ba. Logansport, in 46947. i plan to do a live-in fix up & rent out in the spring. no major rehab needed. just some cosmetic upgrading. i expect to rent it for $850 a month. 

the majority of properties are older homes. should i worry about the age of the property? what are some things to look for in homes of this age? 

i don't expect a home run on my first go. numbers look good to me (i am a newbie though).

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