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Updated about 4 years ago on . Most recent reply

Investing in old multifamily a good idea?
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.
Most Popular Reply

@AJ Leman It actually helps! Basically, you mean it's worth the capex if you get a good deal and the numbers look good but be prepared for repairs. Thank you!