Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

55
Posts
3
Votes
Bryan Christopher
  • Burbank, CA
3
Votes |
55
Posts

Triplex viewing tomorrow - any advice?

Bryan Christopher
  • Burbank, CA
Posted

Hi all...

I'm going to see a triplex for a potential buy and hold rental property tomorrow. I've been researching here (and elsewhere) for a long time and am working with a great agent.  But, i was wondering what kind of checklist you guys might bring with you? (Mental or otherwise.) 

A few tidbits I do know...

- I know the area - very good, very familiar with the rents/appreciation, etc. 

-I know the individual (and gross) rents/gross income of the property. 

-2 of 3 units are rented, receiving applications for the 3rd. (2 units under short term remaining leases.) 

-Sidewalk visual inspection - No apparent major issues/looks well kept

-No rent control

Besides inspection/title search and other basics, are there any other formulas, things you like to ask for, things you've learned from mistakes with multi-units, etc? 

Would love some input so I can do my best in a short time period tomorrow. It's a well priced property in a good area so I'll need to move reasonably fast doing my due diligence. 

Thanks in advance all!

Loading replies...