How old is too old to buy a house?

[Benjamin Zwiebel]

Hello All,

I am looking at some properties tomorrow that I hope will be a good investment. There are 2 duplexes and a triplex. They all seem to be in decent repair (and i would obviously get inspections) but what is initially giving me pause is that they are all 80 to 100 years old. 100 year old houses are common in my area, but it begs the question, how old is to old?

[Account Closed]

Originally posted by @Benjamin Zwiebel:

Hello All,

I am looking at some properties tomorrow that I hope will be a good investment. There are 2 duplexes and a triplex. They all seem to be in decent repair (and i would obviously get inspections) but what is initially giving me pause is that they are all 80 to 100 years old. 100 year old houses are common in my area, but it begs the question, how old is to old?

 I have done several houses that are 100 years old or more. Most were last updated in the 80's so I bring them into the current year. They tend to sell well. (They also tend to be better built.) It's like anything, you have to know what you are buying and know your exit strategy before you buy it.