Owner Called About Property

[Denny Le]

Hi BP!

An owner called about a property. He wants to sell both of his duplexes and take advantage of the 1031 exchange. The information that I received:

Two Duplexes

Purchase Price: $295,000.00 each

Monthly Rent: $1,800.00

Lease: Month to Month

What things do I need to consider and how much should I offer to make this a deal?

Thanks!