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Updated over 2 years ago, 06/27/2022
Investing in properties that show construction date in 1920's
Hello,
What parameters should I consider while investing in properties that show construction date to be between prior to 1950? I am worried about unforseen CapEx (2-3 year down the line) which would eat up the cash-flow that would have been accumulated.
Here is an example property based out Milwaukee, WI. The property seems to be in C+ neighborhood with need for rehab post-buying. What parameters would be helpful for me to consider while analyzing this property?
https://www.zillow.com/homedet...
About me:
I am based out of Seattle and new to real estate investing and researching potential markets for investing. My niche is small Multi-family and the strategy I want to go ahead with is BRRRR.
What parameters should I consider while investing in properties that show construction date to be between prior to 1950? I am worried about unforseen CapEx (2-3 year down the line) which would eat up the cash-flow that would have been accumulated.
Here is an example property based out Milwaukee, WI. The property seems to be in C+ neighborhood with need for rehab post-buying. What parameters would be helpful for me to consider while analyzing this property?
https://www.zillow.com/homedet...
About me:
I am based out of Seattle and new to real estate investing and researching potential markets for investing. My niche is small Multi-family and the strategy I want to go ahead with is BRRRR.