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Updated 10 months ago,

User Stats

246
Posts
72
Votes
Jamie Parker#1 Real Estate Deal Analysis & Advice Contributor
  • Real Estate Investor
  • Memphis, TN
72
Votes |
246
Posts

Question about Leads:

Jamie Parker#1 Real Estate Deal Analysis & Advice Contributor
  • 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? 

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