Catch Up In Salt Lake City - Seeking Multi Family.

[Hadar Orkibi]

HI BP members, 

I'm Here in Salt Lake City for few more days and interested to catch up with Active local investors.

I'm in the market for Multi family and considering doing some direct mail marketing. 

Would be great to catch up to discuss, and receive some feedback on my plan of attack. 

Please feel free to PM me or post here.

Thanks Hadar

[Steve Theobald]

@Hadar Orkibi, each day I look at all the the listings in six counties around Salt Lake City. I am on a hunt to find the best SFR's and Multi rental deals based on the following: Cash on Cash Return, Gross Rents Multiplier, Gross Yield, Cap Rate, Debt Coverage Service Ratio, and Internal Rate of Return (10 year). I factor in taxes, insurance, 5% maintenance, 10% PM. For the 10-year IRR calculation, I use 3% appreciation, the principal pay down, and reasonable depreciation (with 25% recapture) assuming a sale in 10 years. I will be happy to send you the daily list. I have been working with investors for 6 years now. Please drop me a line and fill out my short questionnaire. http://tinyurl.com/SUPERSteveHomes