What's the best way to financially evaluate residential investment property? - evaluate investment property
In addition, any software that can be used for that.
Thursday, January 21, 2010
Evaluate Investment Property What's The Best Way To Financially Evaluate Residential Investment Property?
1 comment:
Be more specific. Are you assess the apartment complexes? Duplex? Single-family?
There is no software that I know the family, but a rule of thumb is 10% of market value is the value of expected revenue. Low property prices (more or less around $ 100K if possible) is the potential for more expensive homes for rent. Personally, single-family investments to avoid it (unless you buy an airplane in distress, and low cost of rehabilitation and then sell it), and private tenants now seem to have all the rights, and it is difficult to dispel Bad tenants.
Residential units are a little easier to judge with a history of 5 years in the absence of 5 years commercial real estate agent can use other ways to evaluate and assist in the purchase. With this fact, the category of an investment property and is a member of the Chamber of Commerce or holds the CCIM designation, since the training they needed to be assessed to the properties and whether the property in question meets your investment needs. A CCIM or candidate must have access to the software for evaluation, but that knowledge must bePeople entering the correct information to be inaccurate. You can meet a cash or cash back up or different estimates based on your specific investment objectives.
Post a Comment