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Updated over 3 years ago on .

User Stats

23
Posts
11
Votes
Jonathan Julian
11
Votes |
23
Posts

Analysis paralysis -- Help me analyze this deal -- First deal

Jonathan Julian
Posted

View report

*This link comes directly from our calculators, based on information input by the member who posted.


Hello All,

This is our first out of state deal and we are looking for a little feedback.  I have talked with the agent on the listing stating the bones of this 1910 home are good, he said the wiring does not look original but that would all be stuff we determine with our inspection.  The price listed in the report is the listing price which I am not sure we would be paying.

The building is a 2 unit 2/1.  the lower level is approx 700 sqft and upper is approx 600. the 700 sqft unit is rented month to month on the lower end of market rents with a tenant who has been there for 12 years. The 600sqft unit is rented under market rent but needs light refinishing (adding cabinets to kitchen and paint).

"Some" sections of roof have been replaced.  

What other information should I be gathering for this out of state deal?