What would YOU look for?

[Nic DeAngelo]

I'm working with an investment property specialist in SoCal, and he recently asked me a few questions on Multi Family investment criteria. I have a good idea of what I want but I want to hear answers from YOU guys because I respect your knowledge and want to get a second opinion.

How would YOU answer (in terms of a multi family investment) and why?

1. Would you want a property that is fully occupied or vacant?

2. Would you go with a fixer upper? In other words, are you more interested in a depleted property that has potential for higher rents once a capital investment is made to rehab each unit?

3. What is an acceptable Net Rental Yield?

4. What is an acceptable Cash on Cash Yield?