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Updated about 4 years ago on . Most recent reply

User Stats

15
Posts
6
Votes
Gary York
  • Rental Property Investor
  • North Catasauqua, PA
6
Votes |
15
Posts

Qualifying a deal in the Lehigh Valley

Gary York
  • Rental Property Investor
  • North Catasauqua, PA
Posted

We have purchased a few multi-unit properties in the Lehigh Valley, and we are using the criteria that if it cash flows after accounting for all expenses, including PM, cap ex, repairs and vacancy, then scoop it up as it will be a good long term investment given how the area is booming. We use 12% for PM and 20% combined for the other expense areas I mentioned. Are we thinking about this correctly?

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