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Updated over 7 years ago,

Cal Rohrman's profile image
Cal Rohrman's profile image
Cal Rohrman
  • Rental Property Investor
  • from Kenosha, WI
  • Member since Feb 7, 2017
  • Posts 47
  • Votes 27
  • Experience 8 Yrs
  • Investments 12
Connect

User Stats

47
Posts
27
Votes
Cal Rohrman's profile image
Cal Rohrman's profile image
Cal Rohrman
  • Rental Property Investor
  • from Kenosha, WI
  • Member since Feb 7, 2017
  • Posts 47
  • Votes 27
  • Experience 8 Yrs
  • Investments 12
Connect
Cal Rohrman
  • Rental Property Investor
  • Kenosha, WI
27
Votes |
47
Posts
Buying & Selling Real Estate

Help with raising rents

Cal Rohrman
  • Rental Property Investor
  • Kenosha, WI
Posted

Hi guys,

I am closing on a duplex tomorrow that rents our for $1850 a month. It is currently occupied by section 8 tenents whom have lived there for 5+ years. The home appraisal came in 30,000 more than what I am buying it for. Do you guys think I should play it out and collect cash flow or should I put it back on the market and sell it for what it appraised for?

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