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Updated about 9 years ago,

Ryan Chambers's profile image
Ryan Chambers's profile image
Ryan Chambers
  • from Chicago, Illinois
  • Member since Oct 26, 2013
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Ryan Chambers's profile image
Ryan Chambers's profile image
Ryan Chambers
  • from Chicago, Illinois
  • Member since Oct 26, 2013
Connect
Ryan Chambers
  • Chicago, IL
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Real Estate Deal Analysis & Advice

Most important metric for 3-flat

Ryan Chambers
  • Chicago, IL
Posted
Looking at a 3-flat in a mature but strong residential market in Chicago. Rents aren't as high as adjacent neighborhoods, but that's what makes it feasible. I work in real estate, but am used to looking at larger, institutional industrial deals. What are the most important metrics to think about when evaluating a 3-flat deal? What are typical expense ratios?
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