Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago,
Considering first duplex deal
I've found a duplex in a great area that has tenants currently and from what I've been told has a great rental history. Seller is asking for around market value around 100k and rents at about 1500. Conservative rents hit 1.5% and with very very conservative estimates of expenses cash flow would be positive but not much. I'd like to think there are areas that I could I add value to the property for little cash and potentially raise rents a bit and raise the value of the property. It's not a great deal, but I still like it because the location is amazing. Thoughts?