All Forum Posts by: Lance Skinner
Lance Skinner has started 1 posts and replied 2 times.
Post: determining a good price for an occupied multi family
Lance SkinnerPosted
- Posts 2
- Votes 0
Thank you. You are correct, I didn't factor in vacancy rate, repair costs etc so that will bring the expense % up. This has been helpful and I can use this info as my starting point in negotiations for a price.
Post: determining a good price for an occupied multi family
Lance SkinnerPosted
- Posts 2
- Votes 0
Im trying to determine a what I should pay for a multi family property.
Gross Yearly income is $62400
yearly expenses are $18100
fully occupied