All Forum Posts by: Robert Granara

yep....here too... im Mass...im looking at a 3 decker for 200K...rents of 1350 each floor possible

this is a house that sold for 450K 2-3 yrs ago...i cant believe it

every day i check the price changes on the MLS for my market and the prices are falling each and every day...

first off, im not rich...im scraping by actually...i own some rental property and rent out 5 units currently...i also bought and sold 2 multi's a few years ago...i have experience in this market and renting to section 8 tenants...

im looking to make another purchase of a 3 unit for CASH FLOW purposes...one property im looking at tomorrow (we'll see how much work/$$ it needs) can be bought for $200K...i can rent out each unit for $1350 and would cash flow about $2000 per month...

is this too good to be true?...these houses were selling for $450K 2-3 years ago and now they are going for half of that, meanwhile the rents have stayed the same...