All Forum Posts by: Bobby Beard

I see what your saying... I am sitting here thinking in florida its not a old Victorian turned triplex.  In my head i assumed ranch style triplex separate drive etc.   I still wont buy up down duplexes.  

@bobby in those properties is everything metered separately?

Seems like $200/door and 19% or so COC. Looks good to me if it has all new maintenance. Property management or self manage? Will determine a lot for return on time.


What kind of price would you want to see @Jim Goebel to make it work? I am fairly new in the game but I am interested in seeing how others fair. Des Moines and most metro's are so much different than north central Iowa. $700-800 is a pretty decent SFH rental up here. You're low end rentals with bad renters are usually $400-550 ish and most end up in multi-family. I know in Des Moines $800 puts you probably somewhere you probably don't want to be.