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Updated almost 8 years ago,
Check out this deal!
Hi guys! My name is Cade from Oklahoma. I am new to bigger pockets, but have been researching multi-family real estate inverting for a little while now.
I am still looking for my first deal to pounce on and would like some more experienced eyes to look at it. An 8 family complex came up for sale just blocks from my house. It's essentially 4 duplexes. They are all 2 bedroom, 1 bathroom. The asking price is $310,000. By looking at the rent roll and income statements, it looks like the management has been poor and there is quite a bit of upside!
If you have any questions you'd like to ask about the property, please ask. I'd like a discussion about it to get some of your insight so I can get a good deal and close on my first multi-family property!
Thanks everyone!