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Updated about 2 years ago on . Most recent reply
How old is too old for a rental property?
My real estate agent just sent me a listing that has the potential to make a really good BRRRR, the only thing that concerns me is the house was built in 1920. Any advice or things to think about when buying a property this old? TIA!
Most Popular Reply
Quote from @Trey Bagby:
My real estate agent just sent me a listing that has the potential to make a really good BRRRR, the only thing that concerns me is the house was built in 1920. Any advice or things to think about when buying a property this old? TIA!
No such thing as "too old". Everything can be fixed, it just depends on how much it's going to cost. I own a rental built in 1908.
Things to look out for are going to be basically everything lol. All the major systems need to be inspected. Plumbing, electrical, hvac, roof, etc.
- Luka Milicevic
