Author Topic: What would you pay?  (Read 308 times)

ryanht13

  • 5 O'Clock Shadow
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  • Posts: 36
What would you pay?
« on: December 05, 2017, 01:43:13 PM »
Portfolio of 3 single family rentals (2 currently occupied):
C+ area with below avg schools
total combined gross rents $2,700
The vacant home needs about $5k worth of work
HVAC, roof, plumbing could be hit or miss on all of them

All are located in speculative up and coming areas and close to the city.

surfhb

  • Bristles
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  • Posts: 359
Re: What would you pay?
« Reply #1 on: December 05, 2017, 02:56:32 PM »
What City?

HawkeyeNFO

  • Stubble
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  • Posts: 213
  • Location: Moose Scrotum, Alberta
  • Retired at 44
Re: What would you pay?
« Reply #2 on: December 06, 2017, 08:33:02 AM »
I'll give you $10 right now.  $20 if it's in my town.

Kroaler

  • Pencil Stache
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  • Posts: 733
  • Age: 26
  • Location: Greenville, South Carolina
Re: What would you pay?
« Reply #3 on: December 09, 2017, 07:01:30 AM »
I'd like to post my options and have someone do all the thought work for me! 

In all seriousness, we need more information.

tralfamadorian

  • Bristles
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  • Posts: 469
Re: What would you pay?
« Reply #4 on: December 09, 2017, 10:42:41 AM »
Portfolio of 3 single family rentals (2 currently occupied):
C+ area with below avg schools
total combined gross rents $2,700
The vacant home needs about $5k worth of work
HVAC, roof, plumbing could be hit or miss on all of them

All are located in speculative up and coming areas and close to the city.

Additional information needed at minimum:
Taxes
Insurance
Average vacancy rate for that metro
Median income for that metro