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All Forum Posts by: Aly Maz

Aly Maz has started 2 posts and replied 3 times.

Post: First Deal - All Help appreciated!

Aly MazPosted
  • Posts 3
  • Votes 0

Henry, thank you for taking the time to respond to this post. I appreciate all the helpful tips you shared. 

Hey everyone,

I came across an opportunity to purchase a 750 sq foot rental unit . Could someone help me figure out if this is a good deal?

2 bed 1 bad apartment unit with average rent $750-$800

HOA - $90 a month

Taxes - $26 a month

Built in 1960

Similar units at this location sold between $47k- $52K

Owner is asking 55k.

Planning to offer $38k-$40k cash

Any help is appreciated.

Post: First Deal - All Help appreciated!

Aly MazPosted
  • Posts 3
  • Votes 0

Hey everyone,

I came across an opportunity to purchase a 750 sq foot rental unit . Could someone help me figure out if this is a good deal?

2 bed 1 bad apartment unit with average rent $750-$800

HOA - $90 a month

Built in 1960

Similar units at this location sold between $47k- $52K

Owner is asking 55k.

Planning to offer $38k-$40k cash

 Any help is appreciated.