All Forum Posts by: Brandon Wells

@Harold Albertson we utilize Realpage, which is a global leader in this space you are in.  The multiple capabilities to streamline all your processes, make it worth the investment.

@Johnny Awwad how large is your investment property?  What CRM do you use?  We use Realpage for all of our properties, and they actually have a utility management division that will handle all of this for you.  Let me know if I can be of further assistance.

@Stace Hill @Tiana Engstrom @Braden Coleman @Zach Hoereth @Nick Pritt @Jack Middleton as a local broker, investor and Property Manager located in Greenwood, I would love to attend, host or co-host any meetups.  We could get something together and make it a monthly event.  I could help walk people through evaluating multi-family investments and/or operating a multi-family investment as an owner/manager.  

If you want to true indication of how properties are performing in your area (Income vs Expense averages across multiple property types), let me know. As a CPM®, I get an annual income/expense report (would be more than happy to assist someone in going over it as well) for the entire country that is widely used by some of the nations largest PM companies and even some really successful CRE Brokers.

I prefer to deal in actual data and know what the true expense averages are, per category, in my area when evaluating a deal.  
  

@Brad Larsen Thank you for your feedback. I will look into NARPM, but as far as credentials go, I am already a CPM® through IREM. Not sure of the difference between organizations, but definitely worth looking into.

Looking for a commercial broker who is willing to offer some insight on Offering Memorandums, data collection resources and best way to organize template.

Feel free to private message me.

Thanks in Advance,

In theory if you were creating your own real estate company that would handle residential, commercial, Property Management, lease-up services and due diligence services for clients, would you seperate the different services from each other or off all services to be over insured to cover risk/liability?

What types of investments are you looking yo make in those towns? Small duplex or large multifamily? I'm familiar with Grovr City and Reynoldsburg.

@Tracy Pah

NOI ÷ Sale Price = Cap Rate @Brandon Wells

Typically you will find similar product types that have sold recently, and average those cap rates. In lamest terms, for this examole, cap rate is the NOI ÷ sale price. @Shaun Morgan