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Updated over 3 years ago,

Nicholas Rickman's profile image
Nicholas Rickman's profile image
Nicholas Rickman
  • Contractor
  • from Gig Harbor, WA
  • Member since Oct 9, 2020
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User Stats

28
Posts
14
Votes
Nicholas Rickman's profile image
Nicholas Rickman's profile image
Nicholas Rickman
  • Contractor
  • from Gig Harbor, WA
  • Member since Oct 9, 2020
Connect
Nicholas Rickman
  • Contractor
  • Gig Harbor, WA
14
Votes |
28
Posts
Multi-Family and Apartment Investing

Multi family equity?

Nicholas Rickman
  • Contractor
  • Gig Harbor, WA
Posted

My understanding is that an apartment buildings value (5 units or more). Is based on there income, not comps. So if someone has a building that a percentage of there income is down because of covid moritorium allowing people to live rent free. Then in theory this is going to drop value of building, correct?

I would like input in how people may think that this is going to reflect on market.

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