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Updated 11 months ago on . Most recent reply

User Stats

260
Posts
86
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Jamie Parker
  • Real Estate Investor
  • Memphis, TN
86
Votes |
260
Posts

Question about Leads:

Jamie Parker
  • Real Estate Investor
  • Memphis, TN
Posted

I do my fair share of phone calls and networking but every year I have manage to come across a deal so large my brain starts to fume.  Few years ago it was a multi-state portfolio spread across 5 states. last year it was  500+ units in Texas and 400+ units in Florida. This year two separate deals in Florida 300+ and 100+ units both in South Florida. This is not a pitch post, but a post hoping to seek wisdom. 

When I see these size deals, investors say "don't spend all your time on the big deals". I cant say that I disagree with the logic. However, what is a proper amount of time spent on something like this? Being honest, after cash on cash, dcsr, cap rate, noi, and occupancy rate. Assumable debt, first position, second position(construction, bridge and mezzanine) I think i get those terms. 

For the seasoned among us, what should I do when these "brain busters" are sent to me? 

Most Popular Reply

User Stats

1,059
Posts
869
Votes
Melanie P.
#2 General Real Estate Investing Contributor
  • Rental Property Investor
869
Votes |
1,059
Posts
Melanie P.
#2 General Real Estate Investing Contributor
  • Rental Property Investor
Replied

If you don't have anyone in your network who can help post about them here. If you've truly struck a great bargain finding a buyer or partner for the deal is the easy part. 

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