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Updated over 5 years ago on . Most recent reply

Joseph Ayala's profile image
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Joseph Ayala
  • from New Britain, CT
  • Member since Feb 17, 2019
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Joseph Ayala
  • from New Britain, CT
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Joseph Ayala
  • New Britain, CT
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Wholesaling

Comps on multifamily

Joseph Ayala
  • New Britain, CT
Posted

How do you run comps on multi family’s?? I’ve only done single family so far . Any tips ??

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Immanuel Sibero's profile image
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Immanuel Sibero
  • from Carrollton, TX
  • Member since May 26, 2015
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Immanuel Sibero
  • from Carrollton, TX
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Immanuel Sibero
  • Carrollton, TX
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Immanuel Sibero
  • Carrollton, TX
Replied

@Joseph Ayala

What kind of multifamily? If it's duplex, triplex, fourplex comps are run the same way as single family houses. If it's 5-unit or more then refer to the other posts in this thread about the "income" approach valuation.

Cheers... Immanuel

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