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re: Rental Property

Posted on 4/1/18 at 7:27 pm to
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 4/1/18 at 7:27 pm to
Are you financing or paying cash?



ETA: WTF are the downvotes for? Cash flow considerations are a pretty significant factor and it was a simple question...”cash or finance?” Sheezamm
This post was edited on 4/2/18 at 7:08 am
Posted by Rust Cohle
Baton rouge
Member since Mar 2014
1967 posts
Posted on 4/2/18 at 8:19 am to
You have to know the cap rate. Most want to purchase at 10-20% and sell for 10% and under.

There should also be a GRM, Gross rent multiplier for the area

You can use loopnet, or any commercial brokerage site to get a better idea of pricing for the area.

What do they rent for?
This post was edited on 4/2/18 at 8:39 am
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