Some indicators that a property has the potential to raise rent include a high vacancy rate, the timing of the owner's decision to sell, and the property's financial history. Analyzing the deal using the seller's numbers and historical operating data can provide insights into the property's income and expenses. Additionally, looking at the property from a proforma perspective, as if you were already the owner, can help project future income, expenses, capital expenditures, and debt services.
Real estate can be a great addition to an investment portfolio. But as with any investment, it has t...
Download model