Investors***Real Estate April 15,2022

Investors get up to date when determining a value on a property. Lowest Multiple is 10x's yearly income... This is for run down properties and ir rent stabilized buildings. The highest Multiple is 15 x's Income. This encompassses Location, age if building,including the fact that the building is fully detached, has a parking lot, and most importantly collecting going rents today. Lastly, if property that includes all of the above, and being offered at under $500 dollars per sq ft, look no further. Where to find a property like this? Simple sites like Craigslist, NY Local Realtors who do not charge owners 6% commissions, advertise on Craigslist, NY. Especially if stated Buyers broker welcomed. The number one investment property compared to Rent Stabilized apartment buildings. James Turano Inc 1-347-837-9206 Broker-with 43 years of experience Completed over 4,000 written appraisals to date.