Investment Property Criteria
Are you an investor looking to purchase property in the Manhattan or Brooklyn neighborhoods? Are you unsure of how to properly evaluate a property that may interest you?
Here are some investment criteria tips to review when analyzing a deal:
- Cap Rate – What is the capitalization rate for the specific property?
- Upside & Value Add – Can additional floors be added?
- Comparables – What are other properties selling for of comparable comparison
- Appreciation – Will the value of this property increase at a future date?
- Income looking to generate – Is there a specific number in mind?
- Your portfolio – What other assets do you own?
- Strategy – What is your Short term and long term plan?
IF you are planning to purchase investment property in the tai-state area, please contact us. We can assist and represent you with any type of purchase. garayrealestate@gmail.com