It was so tempting with it being nearby and in a very good area.

If I had a handyman nearby, I would use them for the open-the-door strategy.

Coffee is on us!

I know 4 units and below are considered residential property so nearby comps usually determine the value but some still say the NOI divided by the Cap Rate = Property Value.

You could, however, use the sale of nearby and similar duplexes, triplexes, and fourplexes. 

it's times like this you wish there were a security camera somewhere nearby

If your also new in the area and want to get coffee or a drink let me know, we can discuss what we don't know lol.

If I need to replace a coffee pot, I wouldn't want to have to consult anyone else about that expense or the brand or size or style etc.

I’d say that anybody you come in contact with that has any hint of Real Estate knowledge or experience is worth buying them a coffee to hear what they do and see if they have any advice or referrals regarding what you want to do.

Purchase price: $124,000 Cash invested: $2,000 It was walking distance from nearby Walmart.