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Updated over 2 years ago on . Most recent reply

Nicoló Tossici's profile image
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Nicoló Tossici
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Nicoló Tossici
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Multi-Family and Apartment Investing

How to analyze multi-family

Nicoló Tossici
Posted

Hello I would like to know how do you guys analyze multi-family. In particular I have a duplex that I would like to buy. The main question is do you guys go with NOI and CAP RATE in order to find the asking price or you just check comps in the area?

Thank you

Saint Louis, Missouri
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Taylor L.'s profile image
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Taylor L.
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Taylor L.'s profile image
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Taylor L.
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  • Member since Jun 22, 2016
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Taylor L.
  • Rental Property Investor
  • RVA
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Taylor L.
  • Rental Property Investor
  • RVA
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Duplexes aren't valued based on NOI, they're too small. Look at comparable sales. You're also competing with owner occupants who have more pricing options and are less price sensitive because they don't necessarily need to produce positive cash flow.

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