All Forum Posts by: Robert Sutton

I ran into a similar question as I am in the process of buying my first quad. Here are some things I always consider when comparing different properties.

Age of the building. This leads to setting a percent for repairs and cap-x.
The taxes for each unit (can usually be found on the county website).
Who pays what expenses/utilities.
Insurance cost for each.
Parking availability for each unit. Its the little things that can really add up.
Average rents for the bd/ba combos for each property in their area.
- Check to see if the rents they are currently collecting are above/below market average and could these be raised.
- Some places to compare rents for that area are rentometer.com, zillow.com, craigslist.org.
How much it'll cost to bring each unit up to rental-able condition. This I add to my down payment amount.

There is more that can be considered, but these are usually on the top on my list of information to gather when doing an analysis.

Hope this helps.

Alex

Alex had a great proposal and i would highly recommend using the info provided.
you can find a lot of information at zillow.com in regards to rental value of the property and also taxes paid each year. I would highly recommend becoming familiar with zillow, and your local county records office for tax purposes alone...

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absolutely will, and tuche. If she works out for you, please let me know. Who knows maybe we can actually help each other out as well.

I happen to be pretty good at marketing, my best friend builds anything wood (including custom kitchen cabinets) and also my brother is the best relations manager around! ;]

Your friend,

Robert A. Sutton III

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I am just now entering the real estate investing industry not have a lot of creative ideas using creative financing. I came across one of Jason retherfords posts on craigslist, and after talking I came to find he was a broker that started his own company. We got to talking and he seems like a swell guy. I was just wondering if anybody had worked with him?

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Originally posted by @Judy Parker:

@Robert Sutton Welcome to Bigger Pockets!

Big thanks Judy, I gotta say it's nice to have a warm welcome!

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Originally posted by @Jacob Sampson:

Welcome! and if you don't lose money you will meet your goal.

Thank you for the warm welcome Jacob, I'm sure hoping I don't lose my money lol but then again I am the type of person that make sure that I have all my guys. In my keys cross so I'll keep my fingers crossed!

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Originally posted by @Rachelle Rodavia:

@Robert Sutton

Welcome to BP! This is the best place to grow your knowledge in Real Estate. Glad to have you with us.

Thank you so much! I am glad to be here, and blessed to have come across one of the videos on YouTube leading me here!

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Hello everyone,

My name is Robert A. Sutton III and I am new to the idea of real estate investing. I have always wanted to get into the industry, however lacked the motivation to do so until now.

I have spent the last 3 months reading books by successful. investors, and watching countless videos with enough notes to fill 3 notebooks. I am at this point ready to hit the street!

I just want to make sure I'm prepared and able to correctly calculate my decisions in purchasing.

American Dream Here I Come!

Anywho, thank you for reading my introduction posting.

Your friend,

Robert A. Sutton III

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All Forum Posts by: Robert Sutton

Robert Sutton has started 2 posts and replied 7 times.

Post: Getting started in Multifamily Investing

Post: Has anyone worked with Jason L. Retherford out of boise idaho?

Post: Has anyone worked with Jason L. Retherford out of boise idaho?

Post: A Millionaire In The Making.

Post: A Millionaire In The Making.

Post: A Millionaire In The Making.

Post: A Millionaire In The Making.