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Updated over 7 years ago,

Amanda G.'s profile image
Amanda G.'s profile image
Amanda G.
  • Rental Property Investor
  • from Augusta, GA
  • Member since Oct 6, 2017
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825
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278
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Amanda G.'s profile image
Amanda G.'s profile image
Amanda G.
  • Rental Property Investor
  • from Augusta, GA
  • Member since Oct 6, 2017
Connect
Amanda G.
  • Rental Property Investor
  • Augusta, GA
278
Votes |
825
Posts
Real Estate Deal Analysis & Advice

Comparing deals- fixer upper vs. currently ok

Amanda G.
  • Rental Property Investor
  • Augusta, GA
Posted

Hi,

I have a not-completely-hypothetical example for advice.

Would you rather purchase a single family at $50k which will need $20k of repair to rent at 900/month, or a converted house that is currently in ok shape, with 2 1-bedroom apartments that rent at ~$430 for $70k? What variables do you consider with your answer?

Thanks for your input!

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