Livnthegoodlife
New member
I am looking to buy a duplex on the main road through town. Here are the details.
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It is a duplex that has rental income of $935/month. The owner pays utilities that average $220/month. Taxes for the 07 taxes are $1144. With 95% occupancy rate since 2001. Price $69,900
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What other questions should I be asking?
The utilities seem to be rather high so I am thinking it needs to be better insulated and better systems installed cause my 1800sq ft home only runs about $120/month average.
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It is a duplex that has rental income of $935/month. The owner pays utilities that average $220/month. Taxes for the 07 taxes are $1144. With 95% occupancy rate since 2001. Price $69,900
---------
What other questions should I be asking?
The utilities seem to be rather high so I am thinking it needs to be better insulated and better systems installed cause my 1800sq ft home only runs about $120/month average.