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Updated about 10 years ago on . Most recent reply

User Stats

7
Posts
5
Votes
Tony Chen
  • Arcadia, CA
5
Votes |
7
Posts

Comparing two properties

Tony Chen
  • Arcadia, CA
Posted

Hi All,

I am trying to decide which property to invest in. All inputs are welcome. Both are at the same price

Property A: Lot is 7,000 sq ft and the house is 2,700 sq ft. 4 bedrooms with an extra room that can be converted to another room and 3 bathrooms. It needs work on restructuring 1/4 of the backyard and some cosmetic work inside the property. 3 car garages.

Property B: Lot is 6,600 sq ft and the house is 2,500 sq ft. 4 bedrooms only with 3 bathrooms. Everything is well kept and is in really good condition (Like a model home). This has a 3 car "tandem" garage. 

I want this to be a buy and hold property (at least for now). Which one do you think will be a better investment (cash flow wise and value wise)? Thank you

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