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Updated over 5 years ago on . Most recent reply

Diane Tycangco's profile image
Diane Tycangco's profile image
Diane Tycangco
  • Member since Apr 21, 2019
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Diane Tycangco's profile image
Diane Tycangco's profile image
Diane Tycangco
  • Member since Apr 21, 2019
Connect
Diane Tycangco
26
Votes |
120
Posts
Buying & Selling Real Estate

Old San Rafael California condo renting for $2600/mo

Diane Tycangco
Posted

Hi y'all! Was wondering your opinion if you would buy a rundown condo that is renting for $2600/mo and selling for $315k with $440/mo HOA. The place looks so rundown and decrepit and the tenants are low-income. What is the chance that a rundown property like this can still appreciate and rents can still rise?

Thanks.

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