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Updated about 8 years ago on . Most recent reply

User Stats

4
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0
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Claudia Saltijeral
  • Real Estate Agent
  • Aurora, IL
0
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4
Posts

24 Unit in Chicago Suburbs - seeking advice

Claudia Saltijeral
  • Real Estate Agent
  • Aurora, IL
Posted

Hello,

I am fairly new to the BP forums but listen to podcasts regurlarly. My husband and I are buy & hold investors in mostly single families and a couple of 2 units. We have an opportunity to review an opportunity in a 24 unit multifamily and I have never ran numbers on such a large scale. I would never recommend a deal to any investors if it's not a deal I wouldn't do myself. The propoject is offering a 10% Cap Rate. I feel a bit overwhelmed and want to make sure I am running these numbers as accurately as possible. Where do I start??? 

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