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Updated over 9 years ago on . Most recent reply

User Stats

28
Posts
3
Votes
Taylor Harrison
  • Rental Property Investor
  • Durham, NC
3
Votes |
28
Posts

First Multi- Family deal. Thoughts? Things to consider.

Taylor Harrison
  • Rental Property Investor
  • Durham, NC
Posted

Hello. Looking at my first multi- unit. Here how it breaks down. 

Asking $52,000. 

3 units.  Two bedroom- $475/ mo. 1 bed $400/mo. Efficiency $200/mo. Rent=$1075 Those are current rents. Efficiency and 2 bed have long term tenants currently occupied. 1 bed upper level is vacant.  

Most Popular Reply

User Stats

397
Posts
90
Votes
Jane A.
  • Investor
  • Shawnee Mission, KS
90
Votes |
397
Posts
Jane A.
  • Investor
  • Shawnee Mission, KS
Replied
You may find a better insurance and you could decrease your real estate taxes based on your purchase price

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