Help in Multi-Family Analysis
I have been a silent participant, consuming a lot of information like the podcasts, forums etc. It has been a great site. We closed on a 4-plex last month, this site has been helpful in getting a lot of my questions answered from the various sources. This is my first posting.
We are looking at some more Multi-Family(2-4 units) properties. I have read about the 50% rule and the 2% rule(seems like I am lucky to get in the 1-1.3% range). When calculating the ROI/CashFlow/Cap Rates, how much does the age of the property matter, if at all. The 50% rule does not have that, but I am assuming it is because it is just a screening tool, how do others use the age of the property into the analysis.
Thanks,
Chandra