Hey Guys and Gals,
I have been getting a lot of requests from tenant that have really low income. Like 20-25k a year. I was just curious what other use as a minimum income prior to renting?
Thoughts?
Chris
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All,
Can you all help me Analyze this 4 plex deal? Is 6% cap rate good? This is for a property in Texas
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Rental income - 25800
Vacancy -5% at 1290
Property management fees - 10% @ 2750
...