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All Forum Posts by: Brandon Florez

Brandon Florez has started 4 posts and replied 7 times.

Post: Need Help Finding Deals

Brandon FlorezPosted
  • Posts 7
  • Votes 0

I have a couple sources where I look for properties. Loopnet, Realtor.com, Realtors. Are there any sites or references that you guys you to help you find deals?

When buying an apartment complex. What are some questions I should start asking? The broker sent me the pro forma. Rent rolls/expense sheet. What else am I looking for? 

@Twana Rasoul These properties are in a Prime City and a Decent location. Well these properties are fully rented out. "what's the average vacancy for the offices in that area of in your city" is a really good question and will be checking in the morning.

@Eric James Ive had experience in Flipping multi families but never had an office space.

@Greg Dickerson The leases are month to month on the properties. 

I want to invest in these two commercial properties that I found. They are owned by the same owner. He is retired and wants to get rid of the properties.

Property 1: Office Building for 949,800. 24 private offices and fully rented Cap rate is 8% (Annual $124,240) and NOI is $82,968

Property 2: Office Building for $1,799,900. 20 offices and its also fully rented. the cap rate is 6% (Annual $145,080) and NOI $97,980

My Question is How can I buy both of these properties without having putting too much down but still acquiring the properties even though I take less yearly.

Side note : im thinking about doing Master Lease with an option to buy.

also do you guy think this is a good deal?

Any feedback would be greatly appreciated. Thank you 

I want to invest in these two commercial properties that I found. They are owned by the same owner. He is retired and wants to get rid of the properties. 

Property 1: Office Building for 949,800. 24 private offices and fully rented Cap rate is 8% (Annual $124,240) and NOI is $82,968

Property 2: Office Building for $1,799,900. 20 offices and its also fully rented. the cap rate is 6% (Annual $145,080) and NOI $97,980

 My Question is How can I buy both of these properties without having putting too much down but still acquiring the properties even though I take less yearly. 

Side note : im thinking about doing Master Lease with an option to buy.

also do you guy think this is a good deal?

Any feedback would be greatly appreciated. Thank you