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Updated almost 16 years ago,

Chris Martin's profile image
Chris Martin's profile image
Chris Martin
  • Member since Jan 25, 2009
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Chris Martin's profile image
Chris Martin's profile image
Chris Martin
  • Member since Jan 25, 2009
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Chris Martin
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General Landlording & Rental Properties

Older City Properties

Chris Martin
Posted

I own 5 townhome properties that I rent. I am looking to pick up some more properties for long-term hold. The only properties locally that will work with the 50% rule are older city properties. These are properties that will be 75-100 years old etc. I am hesitant to invest b/c of the quality of the potential tenant as well as maintenance. Does anyone have any council on this? Would you stay away from row home city investments?

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