Duplex had immediate cash flow as there was already 2 long term renters in there, and after careful evaluation by the Property Management company we found that the units were both $150 under market rent.

In summary, when you are evaluating a property, do not rely on the paper return.

Would anyone care to share their process for analyzing a deal? I'm considering investing in a Apartment building rehab and trying to determine if its a deal. I created a PDF of the deal points to summarize it. An IRR ...

Figure out your strategy, plan a course of action, and go for it, evaluate, adjust if needed and keep moving forward.

It has made getting at the information I need to do income taxes, provide lenders when getting loans, and evaluating performance of each property SOOOOO much easier!

Make sure the partnership agreement is detailed and in writing and ensure both active roles are clear and defined with benchmarks for progress.

Hi I have SFRs but I’m new to the Commercial/Mixed use arena. The property: Asking $530,000Large 16000sft + multi use building Two 1bd 1 bth - $600 total(way under value)One 3bd 1 bth $12003 commercial spaces - total ...

Best of luck and keep us updated on your progress! 

Not going to weigh in on the payment, but who leaves valuable stuff under a drywall hole / repair in progress? 

I'm trying to get an evaluation on the property I want to purchase and can't find how to look up cap rates in my local area.