Looking for Approximate Expenses for Old Louisville Multi-Family

[Felix Sharpe]

Hey Louisville BP,

I'm have a bit of trouble analyzing deals and I was hoping you could help. The trouble is that sellers have not responded to my (or my agent's) requests for numbers on expenses. So when I go to plug numbers into the investment calculator I use random numbers which produce inaccurate cash-flow estimates. So I was hoping some of you with experience in Old Louisville could share some average expense numbers for a 3-4 unit multi-family. I'm looking for the average costs of water, garbage, insurance, and sewage.

Thanks for any help you can offer.

Felix  

[Clay Smith]

The biggest thing in Old Louisville is that you are not allowed to alter the exterior of the building, remove trees, or use vinyl windows on any street/side alley facing window.  You need to request permission for this type of work.