All Forum Posts by: Lora Helfer

I purchased a 3 bedroom 1 bath house I’m Winder Georgia. My first rental property. It was built in 1959 . Linoleum floors, original cabinets in kitchen, outdated bathroom. I’ve got some people telling just rent as is. Or should I invest some money and update. And what should I update. Add a bathroom to make it a 2 bath home , change the floors. I would like to make it nicer looking to attract a better renter but not sure I can increase the rent much for this area. Any advice for my first rental property?

Hello all!

I have a fairly simple question. I am currently looking at writing an offer on two duplexes side by side. The thing is, they have actually been converted into 4 Townhomes. According to the seller they can be either, due to there being a firewall from floor to ceiling, but also one roof and 1 foundation. 

My question is, if I am buying all four, does it matter whether they stay as 4 townhomes or if they are converted back into 2 duplexes? 

Upon purchase, I do not plan to sell anytime soon, so my concern is cashflow. I guess the only difference I could see is taxes between 2 duplexes and 4 townhomes. Any insight?

Thanks!