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Updated almost 8 years ago on . Most recent reply

User Stats

65
Posts
10
Votes
Bret Blackburn
  • Investor
  • Fort Worth, TX
10
Votes |
65
Posts

Potential Home Purchase

Bret Blackburn
  • Investor
  • Fort Worth, TX
Posted

So this could be my 3rd rental property purchase, but first since joining BP.  I'm may be going through a little Analysis Paralysis.  The previous owner said he had tenants paying $1195/mo. I've requested any proof of that. In the meantime, I'm using $1100 for rent. I'm curious what you guys think.  The home is older and needs some TLC and some foundation work.  I have not received the estimate for that yet.  My 2 previous buys were newer homes, so this is new to me 

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