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Updated over 7 years ago,
Triplex and quadplex
Hi all,
I am foraying into the real estate world. I started off analyzing and making offers on SFHs, but nothing stuck as yet. I finally got to look at a bunch of duplexes this past week and have a offers pending, waiting to hear back on those. In the meantime, I have an appointment tomorrow to look at a triplex, and then - I guess just by sheer luck of putting myself out into the universe and being in the right place at the right time - I got a call today about a quadplex that hasn't been listed yet.
All that to say - I feel like I've learned a lot about how to analyze SFHs and duplexes aren't that big of a jump. But can anyone point me to resources regarding how to analyze tris and quads? What would a good cap rate be for those in a class B vs. C neighborhood? What do you have to take into consideration that you don't necessarily have to account for with SFHs?
Thanks in advance!