Buyers: Anyone notice that investment residential property sale prices are going through the roof?
Should you buy it? Does that property give you enough Return On Investment?
I specializing in Multi-Unit Housing Buying or Selling. I can tell you if it is OVERPRICED and WASTE OF TIME through Income and Expense analysis. Most investors are looking for 8% or higher ROI depending on location.
Sellers: The same formula applies for calculation selling price, but we use onsite analysis and your Net Operating Income to calculate the best Listing Price.
I would be happy to chat with anyone about this in more depth and offer some tips. Rental properties, right now, are selling faster than the ink dries on the contract.
My Experience. I have sold a lot of rental properties and I currently own multi-units.
