All Forum Posts by: Danny Kao

@Simon Chan Hi Simon, no specific areas yet, still learning the ropes and curious to analyze various markets myself to see how the numbers look before setting my focus on one. I’m planning to passively invest on the LP side as well as network with others while I get more comfortable in this area.

Thanks for your advice!

 Hi Chase,

Great info.  I'm currently in the learning phase.  I'm very curious and nervous to see how real world numbers and interactions are like in my own local area.  Reading examples from books is great for learning, but being able to apply it is much more exciting!   

 Hi Michael,

Thanks for the info.  I'll check out FastWeb.  As for the rent roll I wasn't looking for generic rent prices by area, but specific rent information for an apartment building for qualifying a potential deal.

@Allyssa Mccleery Great idea, I think property managers are definitely useful team members I can start engaging earlier on in my learning process. Thanks!

@Jorjio Hopkins Great info, thanks so much! I’m early in the learning process so definitely not planning to ask brokers/owners for any information until I’m at a point where I can do something meaningful with them.

@Bjorik Mutize Thanks for the advice. I wanted to get familiar with the initial qualification of a deal prior to the offer and due diligence process, I’ll definitely remember those things when it come time to finalize a deal.

@Greg Dickerson Thanks for the advice. I am planning to fully understand the terms and formulas used for evaluating and closing these types of deals. I think my best bet is to get experience by being an LP as well as through a mentor and network with others to get up to the point where I can prove I can make something happen to brokers/owners.

@Ed Matson How do you come up with an offer price without having this information?

Hi All,

I'm a SFH rental investor currently learning the property analysis process for commercial apartments. In the residential world, I can easily get all the information I need to qualify if a deal is worth looking at in person (e.g. open house) just from online information from sites such as Zillow. Real Estate agents are happy to share info too regardless if you've ever bought a house or not before.

In the commercial apartment world, you need at least the T12 and rent roll to be able to do the initial analysis to qualify a deal. I understand that this is something owners would have and are typically made available by brokers to potential buyers, I was just wondering if anyone has advice/tips on how someone new (with no commercial experience) could get access to this data in order to do initial analysis to qualify deals? I found it pretty difficult to find who owners of properties are in many areas via online search, and I don't see why any commercial brokers would want to share this information unless they believe you are a serious buyer (e.g. experienced) who can close the deal as the information is not meant to be public.

In an ideal world, I'd want to get my hands on all the T12s and rent rolls for at least the on-market deals in order to qualify deals based on my criteria and then partner up or pass on deals to an interested team who can pursue and close on the deal.  Thanks!

@Jo-Ann Lapin I have not, any specific suggestions you have about him that I should look at?  Thanks.