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Updated about 15 years ago,

Jon Rood's profile image
Jon Rood's profile image
Jon Rood
  • Excavation Contractor
  • from Livingston, Texas
  • Member since Sep 11, 2009
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User Stats

42
Posts
6
Votes
Jon Rood's profile image
Jon Rood's profile image
Jon Rood
  • Excavation Contractor
  • from Livingston, Texas
  • Member since Sep 11, 2009
Connect
Jon Rood
  • Excavation Contractor
  • Livingston, TX
6
Votes |
42
Posts
Real Estate Deal Analysis & Advice

Could any pros help me evaluate this multi deal

Jon Rood
  • Excavation Contractor
  • Livingston, TX
Posted

36 Unit complex built in 1975, 500 mo. avg. rent,tenant paid utilities, 97% occ., long term tenants 4-6 yrs, my home area so I could hands on manage. He is asking 875k and I am thinking 750-800k. He works offshore and cant hands on manage, plus he has to take care of elderly parents so he says he has no time when home :idea:
Thanks
Jon

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