Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 1 year ago on . Most recent reply

User Stats

3
Posts
0
Votes

Considerations with older duplex

Posted

I am in hopes of buying my first investment property this spring/summer. I am scheduled to look at a property this weekend with this one being different compared to others I’ve viewed in that it was built in 1900. The city is one that’s consistently listed as a top 10 2024 real estate market, the projected cash flow is intriguing ($50,000 - 25% down payment, estimated $7500 annual cash flow), both units are leased until October and December (as a potential new landlord this gives me some security), but I feel hesitant with offering on a century old property. The kitchens, baths, and flooring have been worked on in 2021-22. The seller listed the property this past Monday and will stop taking offers on Saturday. The property has multiple offers within days which makes me think I’m over thinking this and is possibly an opportunity I don’t want to miss. My question is what underlying aspects of an early 1900s property should I take into consideration? Does anyone have any negative/positive personal experiences with buying properties of this age

Loading replies...