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Updated almost 6 years ago,

User Stats

5
Posts
0
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Joseph W Deleguardia
  • Realtor
  • Rochester, NY
0
Votes |
5
Posts

Tips & Advice when meeting with an agent to buy my first deal NY

Joseph W Deleguardia
  • Realtor
  • Rochester, NY
Posted

Hey everyone,

First time posting on the forums, big fan of biggerpockets podcast, listen to it every morning at work! I'm currently going to look at my first ever deal to buy a duplex here in Rochester, NY. I am meeting with the agent on Monday and am wondering if any of you experienced duplex/multi-family investors can give me advice on what questions I should be asking, what numbers and financial statements should i want to request. This will be my first time ever doing a walk-through and meeting with an agent and I just want to know how to tell if its a good deal or not. Any tips from more experienced investors preferably in the Rochester, NY area will be much appreciated! 

Both units in the home are currently occupied, ones lease expires in may and the other one has been there for around 18 years.

A little details about the deal are

  • 1,380 sq ft
  • 3,049 sqft lot
  • Property TypeMulti-Family Home
  • Last Sold $76k in 2014
  • Days on Realtor.com 159 days
  • Year Built1900
  • Price per sqft$94
  • Garage1 car

Thanks everyone in advance!

- Joe

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