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Updated about 4 years ago,
What do you think about these deals?
Good afternoon,
I am a new investor and would like opinions about these 2 deals. I understand that at the current listed/asking price this doesn't seem like a good/great deal. Thanks in advance.
1. https://www.biggerpockets.com/...
(paying utilities for the tenants cuts into monthly cash flow). Can adding meters to each unit improve things over time? Should I offer lower? Asking $291k. What number should I be aiming for to make this worth it?
2. https://www.biggerpockets.com/...
(some repairs will be needed). What is a good amount to offer to make this worth it with about $10,000 to $15,000 in repairs? Current asking is $275k.