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Updated about 7 years ago,

User Stats

25
Posts
14
Votes
Bo Baker
  • Rental Property Investor
  • Spokane, WA
14
Votes |
25
Posts

2 for 1 property opportunity: Need some seasoned investors advice

Bo Baker
  • Rental Property Investor
  • Spokane, WA
Posted

Hello all,

I am new to BP and am currently spending every spare second of my time researching and learning about Real Estate. I am located in Spokane, WA where the market was "hot" all summer and is now leveling out a little and is stable. I have been doing my best to educate myself and network with local real estate investors to enhance my knowledge and speed up the learning curve. But, I think I have just found an awesome deal and wanted to run it by some of you to see what you think and to hopefully get some advice on what to do. 

PROPERTY INFO

Zillow Link: https://www.zillow.com/homes/for_sale/23514903_zpi...

Additional Info: https://cp.spokanecounty.org/scout/propertyinforma...

Price: $154,000

Property taxes: $2,100/Year

Estimated Rent: $750 Each

There is a smell, kind of smells like cat urine that I've heard is also the same smell as meth? If this is the case could this be a big problem that is unfixable?

Type: Two separate properties, a 1/1 with an upstairs that could be usable as a bedroom, and a 2/1.

Extras: Three way carport and a off unit that has a side for a car and another side for storage.

Location: A corner lot that has a busy street on one side and across the other street is a aluminum can recycling center.

What other information can I provide to help you all out?

Thanks ahead of time for your input.

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