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.
Multi-Family and Apartment Investing
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 7 years ago on . Most recent reply

User Stats

19
Posts
2
Votes
Carl Fordyce
  • Investor
  • Mastic, NY
2
Votes |
19
Posts

best way to evaluate 6 unit (2 triplex next to each other)?

Carl Fordyce
  • Investor
  • Mastic, NY
Posted

i currently own a 4-plex I'm considering a 6 unit but I'm not sure how i should run my numbers on it because of how its set up.  its technically 2 triplex buildings right next to each other but their on one deed.   in this situation is it  best to run the numbers for all six unit at a time or to separate the two buildings and evaluate the numbers for each building separately at a time.

Most Popular Reply

User Stats

21,918
Posts
12,876
Votes
Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
12,876
Votes |
21,918
Posts
Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
Replied

The key is to the deed, not the number of units so much, your approach should be the income approach, then market, then the cost approach with depreciation. The most weight will be the income approach on this property as the market will be difficult to value since it's unconventional. :)

Loading replies...