my first investment

I just bought my VERY FIRST investment property. I am kind of excited and nervous the same time. :-) & :-(

I need your advice on following questions.

1) This is a HUD property and sold for AS-IS condition. Currently, bank had cut off water and electricity in the house. There is no disclosure on the condition of heater and A/C. They look fine to me, but could not confirm. My question, do i need to do an inspection for the house, if i do, still could not verify the equipments and water pumps w/o power. Since it has been raining a lot lately, there is no leaking in the house and very dry basement. 

2) Do i need to install a dishwasher? my realtor told me to provide less machines if for investment purpose. So, my concern is if i may sell this house later on, what is the impact to the potential buyers?

FYI, I paid 65K for this small row house, the FMV in the neighborhood is around $85K-$110K.

Appreciate your feedback.

Sophie

 

所有跟帖: 

回复:my first investment -秋问- 给 秋问 发送悄悄话 秋问 的博客首页 (514 bytes) () 03/20/2011 postreply 18:41:08

欠的水费过户时title company会提上来算好的。。。 -MrsKwok- 给 MrsKwok 发送悄悄话 (0 bytes) () 03/20/2011 postreply 19:44:51

问题是 -秋问- 给 秋问 发送悄悄话 秋问 的博客首页 (133 bytes) () 03/21/2011 postreply 05:37:32

you need dishwasher for renting it out. -- 给 润 发送悄悄话 润 的博客首页 (0 bytes) () 03/20/2011 postreply 19:45:01

看在哪里了 -秋问- 给 秋问 发送悄悄话 秋问 的博客首页 (214 bytes) () 03/21/2011 postreply 05:42:35

回复:看在哪里了 -april- 给 april 发送悄悄话 (163 bytes) () 03/21/2011 postreply 20:04:34

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