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Updated over 5 years ago,

User Stats

53
Posts
5
Votes
Dominick Dahmen
  • Financial Advisor
  • Buffalo, MN
5
Votes |
53
Posts

Any Multi unit investors in Iowa? Need help!

Dominick Dahmen
  • Financial Advisor
  • Buffalo, MN
Posted

Hello everyone. I am a wannabe investor in MN. I researched real estate a lot for a couple years than dropped off for the last year. Now I'm getting back into it. I found a 6- unit deal out of state, but the rents are 450 for a 2bd/ 1ba and only 500 for a 3bd/ 1ba. The kicker is the owner is paying for all utilities for the 2 and 1 bedroom units and they are only collecting 400 and 450 per unit. Is this normal?

Thank you!

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