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Updated about 8 years ago on . Most recent reply

User Stats

162
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50
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Jared Baker
  • Hartford, WI
50
Votes |
162
Posts

Deal Analysis for Reports Finding informatinon not listed

Jared Baker
  • Hartford, WI
Posted

Hi guys,

I have made it a goal to buy my first property by May 2018.  I would like it to be a multi-family between 4-8 units or possibly larger.  My question though comes with looking at properties right now.  At what point should I contact the listing agent to find missing information.  Specifically, if the listing doesn't have how many units are currently rented, the rent income from each unit, the expenses that the renter and landlord pays, or any other information like that.  I have looked at many listings and noticed they don't share a whole lot of information.

So in conclusion, at what point should I contact the listing agent or the owner to get this information, or should I assume certain numbers?  Right not I am just creating reports to see possible purchase prices and ROIs so I don't want to make them feel like I am interested in buying right now.  I live in Wisconsin, so I would like to stay in this area, but by creating many reports I can see where it will be best to invest.

Thanks

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