Newbie - Analysis Tools - No/Low Cost

[Monica Gonzalez]

I'm looking to start with Multi-Family (duplex/triplex).  I have my own home so this will have be as an investor with 20% down. 

I know there are things I need to do to analyze if the deal is a good one, like rental rates, Status of the house/infrastructure, amenities in the area but what else should I be thinking of? Tools that I see to analyze deals: Zillow, rent websites, craigslist what other tools do you recommend? 

[Deandre Brown]

When analyzing deals, a few additional factors I like to consider are whether the electric and gas utilities are charged per unit or as a single expense. This helps determine if I would be responsible for covering those costs. I also review the insurance costs and try to get a solid estimate of coverage expenses to fine-tune my calculations. Another thing I do, which might just be a personal habit, is check Redfin or Zillow for property listings. By scrolling down, I can usually find the property taxes for previous years, giving me a rough estimate of those costs. These are some of the additional things i look for when analyzing. I hope this information is helpful.