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Updated about 9 years ago on . Most recent reply

User Stats

58
Posts
8
Votes
Dan D.
  • Huntington Beach, CA
8
Votes |
58
Posts

Older Units

Dan D.
  • Huntington Beach, CA
Posted

So I see some properties listed in the marketplace that are units and older.

The COC% is good; but, as I understand it w/ these types of investments you buy for the cash flow and must be careful of your price point b/c if you HAD to unload the property you could take a loss.

SFH's you buy for cash flow and appreciation/equity capture; but, 2-4 units are more for cash flow; is that right?

Some of these properties I see were built between 1900-1920; seems kind of scary to own something that old.

Thoughts?

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