Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 7 years ago on . Most recent reply

Blue Island Property-Potential?
I recently met with a seller that has a 3/1 1car brick ranch. They want to get rid of it, for under 40K. Kitchen and bathroom need updating and a good clean up on the whole house. I am just not to sure about the Blue Island area. I haven't really dealt in that area. I see fairly decent comps, about 110-120K. And fixers going for 46K. I'm estimating it would need about 20K in repairs, but I think that is the high end.
Most Popular Reply

Hi @John Van Uytven. I am going to move forward. I am currently trying to get it under contract. Maybe it would be fun to post the progress. We will see. Thanks.