You can find comps for such things on Loopnet and Costar as well as through brokers.And remember two things, your anticipated repairs should be counted in the "price" when you run your cap rate and always use real numbers (i.e. the operating statement) no the pro forma to find the cap rate.

In this case, the Realtor took my pro-forma and asked if he can show it to his seller.  

I am trying to find the best way to buy two potential properties.  I currently have a Georgia LLC that manages my 1 Georgia property.  The property is in my name so that LLC technically doesn't own anything.  I curren...

If the answer to this question is “no”, you need a good deal more than getting a set of plans and a cost quote.Hard cost is one of many factors in a ground up project and is basically useless unless you have the ability to plug it into a comprehensive pro forma analysis.Feel free to contact me if you’d like to talk about this.

We don't want to form a LLC due to the poor finance options out there.

I can't give legal advice and don't know your situation so I can't advise you on the best business model but as for as doing the paperwork to form a business here in Louisiana, it's pretty easy.

We purchased two single story triplexes that face each other to form a courtyard. 

I once had so many people coming that I ask people to form a line and wait outside, or come back in an hour, and I'll extend the open house hours.

Interested in knowing what your overall strategy is with real estate - does it form a big chunk of your total investment portfolio, does it get higher preference over stocks for appreciation, is it a growth strategy or preservation strategy, etc.

Have you looked at Fast Title's web site and reviewed the pro forma report?