Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 7 years ago,
Multi familiy Deal ?
Hello all my BPers. Looking at a 4plex offer but I think the seller is asking to much. I want to get some of the more seasoned multifamily investors and investors in general thoughts.
$315k asking price. Rent rolls are 3@$650 & 1@$695=$2,645 per month. Tenants pay utilities. Property tax $1,500. I do not have operating expenses. Should this still be analyzed like a SFR except for trash/lawn care expenses.
This deal is in TN if that makes any difference.
Thanks Adam