Although most fees are negotiable in real estate, a buyer in a transaction typically doesn't pay anything. The commission comes from the seller. That’s the great thing about being a buyer in real estate. You should interview different brokers and look at their experience in the specific investment your interested. Ask questions to understand exactly what is it that your getting. Generally, multifamily units are valued just like other investment properties; with a capitalization rate (percent of return on investment). However location, quality of building, and the quality of tenants is imperative to a long lasting investment in multifamily. Good management is also a key factor in determining a potential investment. I hope I was able to answer your question. I’m an investment broker with over 5 years of experience in retail, multifamily, and land. I currently reside in San Diego. Please let me know if I can be of additional assistance; or if you simply have a question, feel free to call.
Jul 20, 2009