General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago, 07/03/2018
Hopefully getting my first rental early 2018
So I found a four unit apartment building for sale nearby that I really want but I think the asking price is way too high. I’m in Radcliff KY and I found this apartment building on Zillow. The asking price is 275k but looking more on the website there was an identical building a block over that recently sold for 170k (at least that’s what Zillow says in the recently sold section). How accurate is that recently sold section of their app? If it’s accurate I’d have to give a starting offer of about half of what they’re asking to make a decent cash flow. Oh yeah, average rent in the immediate area is $650 for them.