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Updated about 6 years ago on . Most recent reply

Ronald Cooperman's profile image
Ronald Cooperman's profile image
Ronald Cooperman
  • Member since Jan 4, 2019
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Ronald Cooperman's profile image
Ronald Cooperman's profile image
Ronald Cooperman
  • Member since Jan 4, 2019
Connect
Ronald Cooperman
45
Votes |
117
Posts
Buying & Selling Real Estate

Advice on investment in twin home

Ronald Cooperman
Posted

Bought a twin home 45 minutes from house for 130,000. Inherited the tenants. Each  paying 1000 a month. I put 0 into property.  Taxes are 1500 a year. We have outside management in place. 

Evicting one tenant. Partner wants to sell property because of the distance, and feels it does not fit our plan.  I love the numbers

Question- would you put money into property? New kitchens, heaters. Etc?

How would you market the property?

Any other suggestions?

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