cash yes expertise...not so much. But I do have family in that the constuction industry. Anyways i appricate all the help
and I think I am going to move forward, thanks guys.
There is a slow and steady increase in rent. The triplex in question has increased from $565 to $625 over the past 5 1/2 years. Not sure if thats great or not but up can't be bad. Also the single family is very dated and will require some upgrades sooner than later, that coupled with the...
The rent for the single family which will in fact need windows and roof in the next 3-5 years is $650 conservatively and
the triplex is getting $625 a unit currently. Thanks again.
There are two properties in the small town where I live and i would like to purchase both. One a three bedroom 1 1/2 bath single family home for $50000.(not as good as it sounds) The other a 15 year old triplex for $170000. Oddly enough they both fit the 1% rule.( i know not everyone agrees...