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Updated about 8 years ago,
MLS listings lacking needed information
When looking into a potential multifamily properties, I've noticed lots of Information is not there. Seems many properties on the MLS in my area do not give nearly enough information for me to do a good calculation. I love the BP calculator it makes my time more efficient, however with not much information in the listing and also my lack of experience, guessing for values etc is not very promising. What should I ask for? I can do the basic numbers but again they're just guesses on similar market values and rents etc... For me to feel comfortable buying a property I'd really like to see the sellers full expense and income reports. Is that something I can ask for without being too forward? And man pictures are horrible! Does anyone own a smart phone in my area lol!
Thanks!