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Updated almost 11 years ago on . Most recent reply

1st potential rental, Duplex
I am seriously looking at this as my first real estate investment. I have only been reading & learning for a couple of months, so I definitely still have a lot to learn, but this appears to pass the first look test. It is a duplex in a small suburb of Pittsburgh. They are asking $35,000. Both units are 3 bed, 1 bath. Monthly rents are $1,100 total. Taxes around $2k. Newer roof, windows, etc. Thoughts? What other questions, information should I be asking about? Thanks!
Most Popular Reply
Are the rents at market value? Have the tenants been there for a long time? Will you anticipate any vacancies? What are other costs (water, trash, maintenance, etc)?
Although compering it to my market here in SoCal without knowing all these it's already a crazy good deal.