Opinions on an investment property

[cv2]

With 70% occupancy rate, the income drops to $4,600. The CAP rate drops pretty significantly, but it still beats the negative saving rate in the bank.

Any thoughts?

[sdrealtor]

That area has a reputation of being pretty gang infested.

[sdrealtor]

That area has a reputation of being pretty gang infested.

[sdrealtor]

That area has a reputation of being pretty gang infested.

[sdrealtor]

That area has a reputation of being pretty gang infested.

[sdrealtor]

That area has a reputation of being pretty gang infested.

[niy38]

how can income is just about $9,200? it’s just about
$800 for 3bd/2bt?

[niy38]

how can income is just about $9,200? it’s just about
$800 for 3bd/2bt?

[niy38]

how can income is just about $9,200? it’s just about
$800 for 3bd/2bt?

[niy38]

how can income is just about $9,200? it’s just about
$800 for 3bd/2bt?

[niy38]

how can income is just about $9,200? it’s just about
$800 for 3bd/2bt?

[CA renter]

I checked those out over a decade ago, IIRC. Though it might be Carlsbad SD, the area is pretty shady. You will not likely get good-quality tenants in there.

Still, there are many landlords who love exactly that type of situation. Just be sure that you know exactly what to do if you should run into any problems with the tenants.

Based on the price alone (~1999-ish), it looks like a good deal.

[CA renter]

I checked those out over a decade ago, IIRC. Though it might be Carlsbad SD, the area is pretty shady. You will not likely get good-quality tenants in there.

Still, there are many landlords who love exactly that type of situation. Just be sure that you know exactly what to do if you should run into any problems with the tenants.

Based on the price alone (~1999-ish), it looks like a good deal.

[CA renter]

I checked those out over a decade ago, IIRC. Though it might be Carlsbad SD, the area is pretty shady. You will not likely get good-quality tenants in there.

Still, there are many landlords who love exactly that type of situation. Just be sure that you know exactly what to do if you should run into any problems with the tenants.

Based on the price alone (~1999-ish), it looks like a good deal.

[CA renter]

I checked those out over a decade ago, IIRC. Though it might be Carlsbad SD, the area is pretty shady. You will not likely get good-quality tenants in there.

Still, there are many landlords who love exactly that type of situation. Just be sure that you know exactly what to do if you should run into any problems with the tenants.

Based on the price alone (~1999-ish), it looks like a good deal.

[Author]

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