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Updated about 6 years ago,

Adam Philpot's profile image
Adam Philpot's profile image
Adam Philpot
  • from Nashville, Tennessee
  • Member since Aug 30, 2017
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92
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14
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Adam Philpot's profile image
Adam Philpot's profile image
Adam Philpot
  • from Nashville, Tennessee
  • Member since Aug 30, 2017
Connect
Adam Philpot
  • Nashville, TN
14
Votes |
92
Posts
General Landlording & Rental Properties

Multi unit built in 1900... bad rental property???

Adam Philpot
  • Nashville, TN
Posted
Evening BPers, I just found a 5 plex that if everything checkout is going to give me a cash on cash return of 16%. BUT it was built in the year 1900. Its by far the oldest property I’ve ever considered buying as a rental. How much does an old home/multi-units concern you as an investor? Is this one just too old?
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