It's hard to find comparable properties as quads are somewhat rare and my rental units are efficiencies of various sizes. 

Multi family attracts me because of the potential it offers to increase one's cashflow and net-worth tremendously in a relatively short amount of time compared to traditional means - at least this is impression I'm getting from numerous media/social media sources.

This will help you compare costs as well as give you a sense of how much they charge for general repairs and maintenance.

Will tiling a shower bring in higher rents compared to just installing a prefab shower enclosure?

What does the Annual exp rate compared to gross income tell you?

I have shared one or two previously before but I think I will call hime tomorrow and really break it down for him so that we are on the same page lately we've just been comparing comps and etc but since becoming a BP pro member I think the property analysis on here is pretty good and easy to follow 

Hi all,I'm thinking of purchasing a condo that is located quite literally right next door to a fire station.My question is: this whole condo community is essentially next door to the fire station, but my unit is the closest to both the side road and the fire station.I am wondering how much of a "discount" you would need to feel comfortable buying this unit (as compared to another similar unit/floorplan that is nestled more comfortably inside the inner ring of the community. 

Yeah trying to take inflation into account given our somewhat secluded location compared to the rest of the market.

As @Luke Carl said. the value is based on the comparable sales of similar residential properties.

But at the same time there aren't many active comparable rental properties nearby, which makes determining the market rent of a property difficult.I found that using rental listings that are inactive but were recently active provides me with a lot more data for determining market rent.To do this I go to the Zillow rent estimator tool and enter my property's address as well as a (very) rough estimate of the rent.