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Updated almost 7 years ago on . Most recent reply

Ronald Cooperman's profile image
Ronald Cooperman's profile image
Ronald Cooperman
  • Member since Jan 4, 2019

User Stats

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

Boarding house advice

Ronald Cooperman
Posted

Have opportunity to buy a 15 room boarding house filled with retired people. My PM knows most of the tenants. The seller has owned since 2000. I have bought other SFR from him. He is totally honest.

Numbers

Purchase Price-     450k

Rent—75k

Taxes, utilities,management -

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