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Updated over 13 years ago on . Most recent reply

Dan Golden's profile image
Dan Golden's profile image
Dan Golden
  • from Dunkirk, Maryland
  • Member since Aug 26, 2012

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Dan Golden's profile image
Dan Golden's profile image
Dan Golden
  • from Dunkirk, Maryland
  • Member since Aug 26, 2012
Dan Golden
  • Dunkirk, MD
2
Votes |
26
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Real Estate Deal Analysis & Advice

is there a deal here?

Dan Golden
  • Dunkirk, MD
Posted

3/1 townhouse in Richmond, VA. Needs 0 work. No HOA, Rental comps $700/mo. asking price $29k. I live out of state so would need to factor in management company expense. What do you guys think? Thanks in advance for your thoughts.

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Ned Carey

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Ned Carey
Ned Carey
  • Investor
  • Baltimore, MD
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Ned Carey
  • Investor
  • Baltimore, MD
ModeratorReplied

Dan, from the information provided it looks like a good deal. However I am not a big fan of out of state investing. At least it is within driving distance but I am sure there would be as good or better deals closer to you.

  • Ned Carey
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