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Updated over 2 years ago,

Kevin Brian's profile image
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Kevin Brian
  • Member since Jun 20, 2022
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Kevin Brian's profile image
Kevin Brian's profile image
Kevin Brian
  • Member since Jun 20, 2022
Connect
Kevin Brian
2
Votes |
5
Posts
Real Estate Deal Analysis & Advice

Fix then Sell or Rent?

Kevin Brian
Posted

We acquired a rehab for about $30,000. Requires about $18,000 repairs. ARV for property is about $85,000. Average rent in area is about $800. Would you sell or use property for rental after repairs? Whats the best rationale for either? If partners are split on either route and consequently have to sell prior to any repairs, what price point makes most sense?

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