My partner called an agent yesterday about a deal. His cap rate and NOI were so off. He admitted they’re banking on someone paying pro forma price. Let me know how that goes lol
Want to invest in multifamily properties but don’t know how to spot a good deal? Here’s my streamlined guide to analyzing a multifamily property like a pro. Save this post, it’s the blueprint I wish I had starting out.
Next Steps:
- Start with 2-4 units on MLS or LoopNet.
- Build a team: realtor, lender, property manager.
- Analyze 10 deals to practice.
- Network on X or at local meetups.