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Updated about 4 years ago on . Most recent reply

Tim F.'s profile image
Tim F.'s profile image
Tim F.
  • from Midwest
  • Member since Jan 17, 2017
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Tim F.'s profile image
Tim F.'s profile image
Tim F.
  • from Midwest
  • Member since Jan 17, 2017
Connect
Tim F.
  • Midwest
1
Votes |
4
Posts
Real Estate Deal Analysis & Advice

First Purchase - Rip it apart

Tim F.
  • Midwest
Posted

https://www.biggerpockets.com/...

New Roof - Windows- Siding.  3x 2 bedroom Units.  Needs maybe an hour per unit in touching up paint and cleaning carpets.  

Has the potential for rent increases of about $50 per unit as it sits.  $100 with some light updating.

First residential investment for me - wanted everyone's thoughts.  Its not the best return, but seems to be inline with what is selling around me.  

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