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Updated over 4 years ago on . Most recent reply

Sandi G.'s profile image
Sandi G.'s profile image
Sandi G.
  • Rental Property Investor
  • from Jacksonville, FL
  • Member since Aug 23, 2020
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7
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2
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Sandi G.'s profile image
Sandi G.'s profile image
Sandi G.
  • Rental Property Investor
  • from Jacksonville, FL
  • Member since Aug 23, 2020
Connect
Sandi G.
  • Rental Property Investor
  • Jacksonville, FL
2
Votes |
7
Posts
Buying & Selling Real Estate

Am I over paying for properties??

Sandi G.
  • Rental Property Investor
  • Jacksonville, FL
Posted

Hey Guys,

So my real estate agent sent me a property that is in a good location, but how do I know if I am overpaying for it or not?

The property is nice, but I know that its not a greaaat deal, its just a basic one that would give 8.8% CAP RATE after us finding the tenants. I just want to buy a property before the bank interest rates go up.

Can you guys tell me what you think?

Thanks!

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