Look at three expense when analyzing a potential multifamily investment.
1) Historical Expenses – What are the actual cost expenses
2) Estimated Expenses – Create a spreadsheet of what estimated expenses can be.
3) 50% of income will be be spent on expenses not including the mortgage
For more information on how to analyze a mutlifamly, contact Anie Mayelian at Mayelian Group: 818.915-9118, or visit us at www.mayeliangroup.com