Building owners are usually some of the least informed market participant regarding the value of their own properties. Why? Well, compare them to: Brokers are in the market all the time, checking the MLS and Loopnet, looking at which properties sell and which don’t, etc. As long as they focus on a particular property type … Continue reading “Don’t be an ignorant seller”
Tag: value
How to value an apartment building
If you’re reading this, I assume you’re more-than-a-little-bit interested in buying apartment buildings. But what to buy? Put another way: Of all the buildings on the market, which are the “good deals”? What’s a “good deal”? Apartment buildings aren’t like houses. You don’t buy them for the feng shui. You buy them because you place … Continue reading “How to value an apartment building”