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Updated almost 4 years ago,
[All You Can Analyze Weekend] Evaluating old landlord’s property
Hello Bigger Pockets Members,
This is my first post and my first property i am looking to buy. I am trying to use the advice of removing emotion from the deal and sticking to the numbers. I use to live in this property and now he is looking to sell it prior to retirement and he reached out to me because i was interested in buying it when i was renting it. The 2 houses have been updated and will require no repairs outside of tenant issues. There is room to improve the rents and i would be the property manager so i can see potential but want to make sure i am looking at the right numbers using the calculator.
If anyone has some advice to share, i would be glad to read about it.
Thanks for your time,
*This link comes directly from our calculators, based on information input by the member who posted.
Jason D.