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Updated about 5 years ago on . Most recent reply

User Stats

53
Posts
15
Votes
Deborah R.
  • Real Estate Investor
  • Tampa, FL
15
Votes |
53
Posts

Is it dangerous to buy a house that is 70 years old?

Deborah R.
  • Real Estate Investor
  • Tampa, FL
Posted

I am in my mid-30s and plan to continue to buy and hold for decades.  Right now we have a rental built in 1954 and another built in 2004.  Am I wrong to be wary of buying a house that is 70 years old?  Or do I just not understand construction?   Looking for my next purchase now, and most are built in the 1950s for the monthly rental price I'm shooting for.  Help me with my thought process.   TIA

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