Evaluating Multi-Property Purchases

[Brandon Smith]

Hey Everyone! 

I've found an off-market deal that definitely requires some more analysis but I'm curious what the best way to analyze this purchase is. 

The purchase is for 3 duplexes. All of the units have established long-term tenants in the units. 

Should I analyze the deal as a whole, or should I break it down and analyze is on a per unit basis? Should I do both? 

Any other insight on a 3 property purchase? Also, this will be my first foray into RE Investing... is 3 properties too much to start with? 

I'm in Halifax, Nova Scotia If that is an important factor. 

Thanks everyone! 

[Michael Wong]

What is the exit strategy after the purchase? Having 3 separate Duplexes (or Dupli) gives several options. So I would analyze them separately and as a whole, & with different exit strategies (fix & flip, long term hold, house hack, BRRRR etc...).

Whatever you decide to do with the property after purchase will alter your numbers & affect your decision.