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Updated over 2 years ago,

Chad Walsworth's profile image
Chad Walsworth's profile image
Chad Walsworth
  • Wholesaler
  • from Covington, Texas
  • Member since Oct 8, 2012
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User Stats

13
Posts
6
Votes
Chad Walsworth's profile image
Chad Walsworth's profile image
Chad Walsworth
  • Wholesaler
  • from Covington, Texas
  • Member since Oct 8, 2012
Connect
Chad Walsworth
  • Wholesaler
  • Covington, TX
6
Votes |
13
Posts
Multi-Family and Apartment Investing

6 unit multi family in Texas

Chad Walsworth
  • Wholesaler
  • Covington, TX
Posted

My background is in single family.  I am looking at a 6 unit complex that needs no rehab built in 2004....The gross rents for the property is 41,800.....

Taxes 3800 year

Insurance 2000 year

purchase price 257k

I could raise the rents without an issue to bump up gross rents to 47k.......Any advice on this deal would be helpful

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