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Updated over 6 years ago on . Most recent reply

Dylan McCabe's profile image
Dylan McCabe's profile image
Dylan McCabe
  • New to Real Estate
  • from Dallas TX
  • Member since Jul 2, 2018
  • Posts 43
  • Votes 23
  • Experience 5 Yrs
  • Investments 1
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43
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Dylan McCabe's profile image
Dylan McCabe's profile image
Dylan McCabe
  • New to Real Estate
  • from Dallas TX
  • Member since Jul 2, 2018
  • Posts 43
  • Votes 23
  • Experience 5 Yrs
  • Investments 1
Connect
Dylan McCabe
  • New to Real Estate
  • Dallas TX
23
Votes |
43
Posts
Multi-Family and Apartment Investing

Duplex - is this a good deal?

Dylan McCabe
  • New to Real Estate
  • Dallas TX
Posted
Hey guys, I’m a Newby trying to start small in multi family. Does this look like a decent deal? https://www.zillow.com/homedetails/4804-Junius-St-Dallas-TX-75246/26679059_zpid/ I’m in Dallas TX so prices are high on everything. Thanks in advance! Dylan
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Kenneth McKeown's profile image
Kenneth McKeown's profile image
Kenneth McKeown
  • Real Estate Agent
  • from Dallas, TX
  • Member since Nov 16, 2016
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Kenneth McKeown's profile image
Kenneth McKeown's profile image
Kenneth McKeown
  • Real Estate Agent
  • from Dallas, TX
  • Member since Nov 16, 2016
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Kenneth McKeown
  • Real Estate Agent
  • Dallas, TX
341
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432
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Kenneth McKeown
  • Real Estate Agent
  • Dallas, TX
Replied

@Dylan McCabe probably not an ideal investment if you intend on cash flowing and growing your wealth. If you want to pay for the premium price of living downtown and in that particular area - then sure, but as Bart mentioned... you're going to have a hard time cash flowing at all with that property. AirBnB is an option - but even then it will likely be minimal at most.

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