What to do with a negative NOI?
So I’m trying to run a few “simulation buys” off of Zillow before my first actual deal. I am looking at a buy and hold for a duplex or triplex. I was doing my simulated deal trying to derive the price that I should offer on this duplex.
In trying to calculate the NOI the expenses were greater than the Income resulting in a negative NOI. Obviously this is bad, but is there anything I could or should do to try to turn this around? Or is this just a bad investment from the start that I should stay away from?