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Updated almost 8 years ago,

User Stats

14
Posts
7
Votes
Aaron Zamudio
  • Saint Peters, MO
7
Votes |
14
Posts

Buying a duplex with a large yard?

Aaron Zamudio
  • Saint Peters, MO
Posted

Hi,

I'm hoping to get some advice. I'm trying to buy my first investment property and made an offer on this:

https://www.zillow.com/homedetails/10594-Hobday-Av...

it's about a 1% deal if I rent it in it's current condition. I want to replace doors, trim, flooring to increase rents. My main concern is how large the yard is. It's a half an acre and the yard is shared. I want to know if this large of a yard would be more of a liability than an asset. In other words, will my increase in yard maintenance expenses be offset by increased rents or potentially longer term tenants? I wanted to get some experienced investors perspective on this. Thanks

-Aaron

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