Difference between 4 to 6-8 fam?


Im trying to ugure out the +’s and -’s of each of then and to understand what are the difference between the two in terms of-regulations, laws and etc.. I’m assuming there are many so maybe someone can point me to a good information source?
Thank you so much guys.

Categories: Real Estate
By TakashiAman | 03/12/2009 2:28 PM | Comment

Understanding income/expense


Hello,

I’m trying to decide on which building to go for and at what cost. I’ve tried to calculate the income to expense ratio but I find it quite hard…

I would like to build my financial plan so I won’t be suprised after I buy the building.
My general “current” plan is to buy a 4 family and to live in one of the apartments. I want to calculate my ratio which will incorporate as much info in it as possible..
I will appreciate any advice! I was thinking of doing this-
1. going to a RE accountant or finanacial adviser

2. buy a property managment software and just learn from the fields there

3. build my own spread sheet which will allow me to easily build my expenses and income info so I could better understand building which I see.

Thank you so much!

Categories: Real Estate
By TakashiAman | 03/09/2009 5:46 PM | Comment