My husband and I were trying to determine which 4 family house to purchase in the spring of 2009. Pete was referred to us as a consultant only- as he is not licensed in NJ.  Pete did a masterful job of explaining cap rates, net operating income and cash on cash calculations. As we reviewed several properties, it became apparent that his analytical approach is the only way to go!

We thought we had a good deal- but as Pete explained it “if your cashflow is zero, that’s not much of an investment”.  Pete was further instrumental in explaining the global economic situation and the increasing jobless rate on a local level and how that will affect rents on our 4 family investment.  In the end, we passed on buying our 4 plex. Grateful for an objective review of our situation, we highly recommend Pete and his analytical abilities before your next real estate purchase as we will certainly be calling on Pete again. Thanks Pete for sharing your insight, your calculations and helping us decide.

Donna Dudek