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Updated over 8 years ago,

John D.'s profile image
John D.'s profile image
John D.
  • Rental Property Investor
  • from Allentown, PA
  • Member since Jun 13, 2016
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User Stats

279
Posts
105
Votes
John D.'s profile image
John D.'s profile image
John D.
  • Rental Property Investor
  • from Allentown, PA
  • Member since Jun 13, 2016
Connect
John D.
  • Rental Property Investor
  • Allentown, PA
105
Votes |
279
Posts
General Landlording & Rental Properties

Looking for some insight on my first potential rental property.

John D.
  • Rental Property Investor
  • Allentown, PA
Posted

Hi Everyone...

I have found a property that is currently on the market for $40K and is tenant occupied with rent of $900/mo.  Not sure how long the current tenant has been there but I will be getting a copy of the lease for review tomorrow or Saturday.  Taxes are $1517/year.  I am in a position to pay cash for it or finance it.  Just looking for opinions and insight since this may be my first!

Thanks all!

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