Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago,
Talk me out of this!
Hello all
I have a scenario to run by you and I know what most will say but I just want it to make sense as to why I would pass when my trigger finger keeps wanting to pull the trigger :)
Portfolio of rentals for sale, 14 Duplex units and 1 Single Family in Timbuk (names have been changed to protect the innocent) yes they aren't in the greatest area which isn't good I know but they have all been upgraded new roofs etc. 90% occupied at moment asking 580k for all. Rents are 450 per month each unit and Single is 650. Even though there would be lots of headaches it just seems like a lot of cash to make it worthwhile...
Thoughts?
Thanks in advance
Mike