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Updated over 7 years ago on . Most recent reply

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12
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1
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Kiran Kumar
  • Christiana, DE
1
Votes |
12
Posts

Age of the property matter fir rental property investing ?

Kiran Kumar
  • Christiana, DE
Posted
I am new to rental property investing and I do see the age of properties ranging 7- 20. if the condition of the property good, would I be able to process to pursue 20 years old one as well? Plead help me. Thank you.

Most Popular Reply

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155
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41
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Eric Gutierrez
  • Investor
  • Minneapolis, MN
41
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155
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Eric Gutierrez
  • Investor
  • Minneapolis, MN
Replied

I have multiple 100 year old plus houses and some 50s builds.  I really like the 50s builds they are logical layouts and the way they are built is still very solid in the midwest.  The 100 year old houses aren't bad as long some stuff has been updated.  I think each vintage of house has its own quirks.  I've seen plenty of 50s houses that were in considerably worse shape structurally than an 1900s.  There are also some 1900s houses that Ive walked through that felt like fun houses because if you dropped 100 marbles in each room they'd go every which way.

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