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Updated almost 3 years ago,

User Stats

958
Posts
276
Votes
Will F.
  • Investor
  • Los Angeles County, CA
276
Votes |
958
Posts

Due dilligence in Miami-- North Miami -- Verifying SF /

Will F.
  • Investor
  • Los Angeles County, CA
Posted

Hello

I have a deal i'm in escrow on in north miami. 

5 units for $780k  -- area seems like a B and just a quarter mile from Biscayne

$156k/unit

550 sf/u

What are going rents for 1 br 1 bths i this area? They seem original but clean units, not renovated.

I was wondering if you can look up original building records from city online? Does anyone know how to do that?  (For instance in LA and long beach ca you can look at original docs online, even certificates of occupancy/ closed permits.  In Fort lauderdale you usually have to go in and look at microfilm and get original building docs)

I'm mainly trying to confirm that the SF is legit and not covered patios or duplex conversions to quads/ non conforming

Prop tax records usually don't show the real SF

Also any recomendations for a good inspector in Hollywood FL and in Miami?

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