The FIRST ten questions to ask on a Multi-family deal of any size.

The FIRST ten questions to ask on a Multi- family deal of any size.

1. How much do you collect in rent each month?
2. Whats the unit mix?
3. Are your tenants on Month to Month leases, or long term leases?
4. Do the tenants pay there own utilities?
5. Have you made any upgrades to the building?
6. Do you think the rents are at full market rent?
7. What is the parking situation?
8. Would you consider Seller financing?
9. Are there any upgrades to the units? Is there a washer and dryer in the unit?
10. When are you looking to sell?