Screening Multi-family Properties - Part II of Save your Gas, Sit on your @$$ - Waltham MA free Black Diamond event

[Ann Bellamy]

Save your gas, sit on your @$$

(at your computer)

Part II:Multi-family Screening

Ever bought a multi-family and wonder where the profit went? Looking for another but don’t want to get burned? The agent says it’s a Cash Cow,

but what if it’s just a Pig with Lipstick? Can you

really make it cash flow at $200K per unit in Massachusetts?

I will give you some rules of thumb and ways to screen income property so you know which properties you can dig deeper on, and which ones to leave for the “bigger fool”.

You will hear:

• 4 Rules of thumb and how to apply them – or not
• A case study illustrating these rules
• When the 50% rule may not be aggressive enough
• What is usually left out of the MLS listing
• Where to get the APOD spreadsheet for free that the CCIM’s use
• Free online screening resources for rental rates, environmental hazards, and more

These are not substitutes for in depth analysis, but will help you quickly weed out the properties that won’t work for you, so you can focus on those that will. This presentation is interactive, so bring your best screening tips and your questions.

Who: All are welcome

Where: Ristorante Marcellino, 11 Cooper St, Waltham, Ma 02453

When: Tuesday September 24, 2013,

Networking 6PM

Program starts 6:30PM

Our events are free, and bring plenty of business cards.

(the most fun I had was finding these two graphics, cool, aren't they?)