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Updated almost 9 years ago on . Most recent reply

Timothy Evan Drummond's profile image
Timothy Evan Drummond's profile image
Timothy Evan Drummond
  • Controller
  • from Gays, Illinois
  • Member since Apr 7, 2016
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Timothy Evan Drummond's profile image
Timothy Evan Drummond's profile image
Timothy Evan Drummond
  • Controller
  • from Gays, Illinois
  • Member since Apr 7, 2016
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Timothy Evan Drummond
  • Controller
  • Gays, IL
2
Votes |
9
Posts
Buying & Selling Real Estate

MULTI-UNIT

Timothy Evan Drummond
  • Controller
  • Gays, IL
Posted

I'm going to look at a 7-unit apartment building next week.  Its currently fully leased, and on paper (assuming 50% expenses) it cash flows very nicely.  Any land mines I should be looking out for?  If I pull the trigger this will be my first real estate investment.

P.S. I just finished the real-estate beginners guide.... Great info!

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