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Updated almost 3 years ago,
Excited to get started with multifamily units - Good Deal?
Looking for anyone's opinion on my first multi family unit. It's a 4 unit with active tenants that barely pay $700.00 a month. Currently asking 295, but Im offering 258k site unseen. Realtor says the rent should be higher and the area is a great location. Of course, do they all say that?
I'm always unsure if I'm interpreting the numbers in the report right. Any assistance is greatly appreciated. No pictures since it's not publicly listed.