Revenue Property Buying & Selling Tips

I love working on this type of investment property and find the challenge of marketing a revenue property for my Seller or the buying process for my client, very interesting and rewarding.

Establishing actual market value for a revenue building entails many of factors for consideration:

• Area cap rates?
• Current vacancy rates for the specific location?
• Are the reported expenses reasonable and complete?
• Does the construction of the building require immediate or deferred repair?
• Are there any unauthorized units in the building?
• Knowledge of comparable sales in the area
• Are the tenancy agreements, leases or month to month or high turn over?
• Is the reported rental income at market value, under valued, or over valued?

These are just a few of the factors to be considered in buying or selling revenue properties.

Allow me to assist you!