Evaluating investment property (duplex)

[Mike Estes]

Hi everyone,

I'm sure this has been asked and answered before, so please pardon me if this is the case.

I'm looking to see what people are doing currently to evaluate multi-family investment property opportunities.

I just looked at recent sale comps in the neighborhood for similar duplexes and they lead me to believe this is a good opportunity.

What should I do next? Do a gross rent multiplier exercise/comparison?

Love to know what this forum thinks.

Thanks