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All Forum Posts by: Lance Skinner

Lance Skinner has started 1 posts and replied 2 times.

General Landlording & Rental Properties

Post: determining a good price for an occupied multi family

Lance SkinnerPosted
  • Posts 2
  • Votes 0

Thank you. You are correct, I didn't factor in vacancy rate, repair costs etc so that will bring the expense % up. This has been helpful and I can use this info as my starting point in negotiations for a price. 

0 Votes
General Landlording & Rental Properties

Post: determining a good price for an occupied multi family

Lance SkinnerPosted
  • Posts 2
  • Votes 0

Im trying to determine a what I should pay for a multi family property.

Gross Yearly income is $62400

yearly expenses are $18100

fully occupied 

0 Votes