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Updated over 9 years ago on . Most recent reply

User Stats

9
Posts
2
Votes
Kristen Harding
  • investor
  • Batavia, IL
2
Votes |
9
Posts

new to real estate investing!

Kristen Harding
  • investor
  • Batavia, IL
Posted

Hi everyone,

My husband and I are new to real estate investing and would appreciate any help we can get! 

We are currently looking at a 4 unit property listed at $229,900

-units are currently being rented at $600, $710, $720 and $900

-taxes are $6700

I have attached the listing on zillow if anyone has a chance to share your thoughts! We're trying to decide if this is "the one" that we start our real estate investment careers with!

http://www.zillow.com/homedetails/204-S-Highland-A...

Most Popular Reply

User Stats

9
Posts
2
Votes
Kristen Harding
  • investor
  • Batavia, IL
2
Votes |
9
Posts
Kristen Harding
  • investor
  • Batavia, IL
Replied

Thanks, Brent. 

That's strange that it's listed as owner occupied. I didn't notice that. The current owner has  owned the building and has been renting the units for at least 15 years. 

Insurance is $1800

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