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Updated almost 4 years ago,

User Stats

14
Posts
8
Votes
Lakshman K.
  • Investor
  • Tampa, FL
8
Votes |
14
Posts

Investing in old multifamily a good idea?

Lakshman K.
  • Investor
  • Tampa, FL
Posted

I'm lookimg for a multifamily rental property and could only find old houses that fit the numbers when it comes to cashflow. Now, when I say old, these are very old. Construction years between 1920 and 1955. Are they really worth it? Should I expect a lot of unseen maintenance expenditure on these? Should entirely drop this idea or is it worth pursuing these? New investor and can use some direction! Thank you.

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