Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

7
Posts
2
Votes
Kapou Lor
  • Oshkosh, WI
2
Votes |
7
Posts

4-plex good or bad

Kapou Lor
  • Oshkosh, WI
Posted
Selling for 179,000 close to shopping/food. What would you pay for this 4-plex? Good rental history, and is maintained. I do believe there is tenant living in there also.

Most Popular Reply

User Stats

1,748
Posts
338
Votes
Ayodeji Kuponiyi
  • Investor
  • King of Prussia, PA
338
Votes |
1,748
Posts
Ayodeji Kuponiyi
  • Investor
  • King of Prussia, PA
Replied

@Kapou Lor ask for the trailing 12(rental income of the prior year, request last years expenses, and research the cap rate of that area. Also do some investigating and find out online through the municipal website if there are new businesses coming in/exiting. Is the population growing/decreasing? Is employment growing/decreasing? The property is the last thing to worry about, investigate the economic climate of the are, population growth and job growth. 

If everything checks out positive, then analyze the property. Best of luck!

Loading replies...