In multifamily, the numbers tell the story. Focus on these three:
Someone who knows the local multifamily market.
Unless you want to be the one fixing toilets at 2 AM.
Valued based on the income it generates, not just neighborhood comps.
Always set aside a "CapEx" fund. Roofs and HVAC systems for 10 units cost a lot more than for one!
How much actual cash you’re getting back vs. what you invested.
In multifamily, the numbers tell the story. Focus on these three:
Someone who knows the local multifamily market. buying an apartment building beginners
Unless you want to be the one fixing toilets at 2 AM. In multifamily, the numbers tell the story
Valued based on the income it generates, not just neighborhood comps. buying an apartment building beginners
Always set aside a "CapEx" fund. Roofs and HVAC systems for 10 units cost a lot more than for one!
How much actual cash you’re getting back vs. what you invested.