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Updated over 12 years ago, 03/25/2012

Edita D.'s profile image
Edita D.'s profile image
Edita D.
  • Investor
  • from San Diego, CA
  • Member since Mar 24, 2012
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User Stats

309
Posts
18
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Edita D.'s profile image
Edita D.'s profile image
Edita D.
  • Investor
  • from San Diego, CA
  • Member since Mar 24, 2012
Connect
Edita D.
  • Investor
  • San Diego, CA
18
Votes |
309
Posts
Buying & Selling Real Estate

old multi-family building or new?

Edita D.
  • Investor
  • San Diego, CA
Posted

We bought a 4-plex built in 1950, and there are SO MANY things we have to fix. It was a good price but we are new to this and it's really time consuming (electrical upgrade, new water-heaters, etc). According to Bryan Chavez (he wrote Buy it, rent it, profit! book), it's recommended to buy homes no older than 15 years old. Which advise do you guys go by?
thanks!!!

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