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Updated almost 7 years ago on . Most recent reply
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Class b vs Class c rentals
Hi All,
I am looking to expand my rental portfolio but I am not sure if I should try a b class ( 95k ) sfr, all my rentals ( I have 6 are in a (c class) in eagledale)
eagledale rentals rent for $750 month paid on average 55k build in the 1950s
possible buy is on Zip code 46237 for sale for 99k market value is 120k. rented now for $950 month, could maybe increase rent to $1050 ( this one is build in the 1980s)
my question is , should I just buy 2 more in eagledale or go for this b class sf?
note: my eagledale homes tent to have issues with plumbing being too old. so maintenance is more expensive?
Thank you