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Real Estate Deal Analysis & Advice

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Shamus Quirk
  • Real Estate Agent
  • Newburyport, MA
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68
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How do you evaluate/value 5+ unit properties?

Shamus Quirk
  • Real Estate Agent
  • Newburyport, MA
Posted Jun 7 2015, 14:29

I found a 6 unit property that I am interested in looking into and I know 5+ unit properties are valued based on their income and not so much on other comps.  What do those numbers look like?  Is there a formula that involves multiplying the gross rent?  How does that work?  What do you do that may be different from other investors?  Thanks for your input!

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