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Updated almost 11 years ago on . Most recent reply

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Juan Gago
  • New to Real Estate
  • Los Angeles, CA
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Assessing Rent prices on duplex or triplex properties.

Juan Gago
  • New to Real Estate
  • Los Angeles, CA
Posted

Hello all,

So I read the beginners guide, the multifamily article and case study. I am kind of feeling saturated with alot of information so forgive me if I tend to ramble at the moment. I have been looking at multifamily properties just in the NYC Area and have seen many places especially on realtor.com that list properties. However there really isn't a total monthly income price listed per unit. Is there a good site I could reference in order to find out approx. rent for that area or would I have to contact a local property holder to find out?

Also, I know in a podcast with Darren he suggested getting a property that is close to a transit hub. Is this one of the most important thing to look for or is it the neighborhood overall (crime rate, schools, venues).

thanks for taking the time to read this,

Juan Gago

Most Popular Reply

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13,451
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Steve Babiak
  • Real Estate Investor
  • Audubon, PA
8,349
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13,451
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Steve Babiak
  • Real Estate Investor
  • Audubon, PA
Replied

Under the"Resources" menu tab near the top of the page, select "REI Resources"; under that you should find a link to learn of fair market rents.

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