The One Reason I'm Not Buying Small Apartment Deals
Tuesday, February 13
The 12-Unit DealNot long ago I worked with a broker to get a 12-unit building under contract for $1,300,000. The rents were $1500 per month, per unit grossing $18,000 per month. The numbers from the owner showed an average vacancy of 10% and an expense ratio of 55%, putting the Net Operating Inco...
Multi-family Risk: The "Tails-Side" of the Investment Coin
Wednesday, January 31
Heads and tales, risk and reward - the two sides of an investment that must weighed to make an informed decision. It is also precisely why asking investment advice can be tricky – risk and reward are not necessarily a 50 /50 proposition as no two investors evaluate them with the same weight. Te...
5 Reasons I Prefer Multifamily Apartments
Wednesday, January 31
One of the best and safest ways to build wealth is through real estate. But there are many ways to invest. I have bought and sold single-family rentals, duplexes, and triplexes. I have also made forays into vacation rentals. But, far and away, my favorite investment vehicle in the real estate spa...