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Updated almost 10 years ago,
Is this a good deal? Just starting out.
Ok so first off let me introduce myself, my name is Rob I'm 25 and currently going to college. I have been reading a lot about real estate investing the past 6 months or so and have been looking at houses online just to entertain myself. So I found a duplex in ohio less than a mile away from a country club listed for $65000 with 2 beds and a bath I'm each unit. Rent averages from $450-650. It's currently being rented for 500 per unit with them paying all utilities except water and trash. Hypothetically if I were to purchase this and just do some cosmetic work to make it have a little more curb appeal and charge $550 per unit would this be a deal you guys would pass or go through with? Any thoughts or ideas would be appreciated. Thanks!