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Updated almost 6 years ago on . Most recent reply

Michael Babin's profile image
Michael Babin's profile image
Michael Babin
  • Rental Property Investor
  • from MS (mississippi)
  • Member since Aug 20, 2018
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25
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2
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Michael Babin's profile image
Michael Babin's profile image
Michael Babin
  • Rental Property Investor
  • from MS (mississippi)
  • Member since Aug 20, 2018
Connect
Michael Babin
  • Rental Property Investor
  • MS (mississippi)
2
Votes |
25
Posts
Multi-Family and Apartment Investing

Multi unit purchase advise

Michael Babin
  • Rental Property Investor
  • MS (mississippi)
Posted

Hi everyone. Looking to get some help with a possible multi unit purchase. The property has a small sfh and 3 duplex units on it with land to expand in future. The taxes are about 4900 per year and insurance is 4000. The units currently bring in 4050 per month. They are asking 375000 for the property which is about 15 yrs old.

What are your thoughts and comments?

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