All Forum Posts by: Davit Gharibyan

@Konstantin Boubev if the vacancy is super low, would you go with that, since it's the actual vacancy?

Great points Greg! Can you elaborate on the offer. If I run on current data, I come up with one offer, and different scenarios yield different offers. I know there is no right or wrong, what matters is if I make money.

One guy says offer based on actuals, the other is run worst case scenarios... I do them all. This is where the confusion happens. it's analysis paralysis.

Hi can someone help me with valuing a property. I use actual income. Would you use actual vacancy as well? The deals I am looking at have low vacancy. If I buy the property and increase the rents the vacancy would go up.

My confusion is,

1. Would I calculate based on actual current income and vacancy?

2. Actual potential income and my projected vacancy?

3. There is even a school of thought to use market rents then deduct 10% vacancy, then 50% expenses and that should give you NOI (rule of thumb).

I search over and over on internet and in books, but there is no definite answer.

Any clarifications are appreciated.

Thanks @Alex Hamilton I will check out the info.

Hi guys, I am under contract for my first 17 unit multifamily deal. I am looking for partners (equity, debt), KP.

If you don't have money but have a network of people who would love to invest, I'd love to hear from you. You could have equity share for your efforts.

Let's connect and network!

Ed, 1-4, depending on the investment size. They will be silent partners and ride along.

John, I need to raise $246k equity. I’m putting 100k down myself. DM me your email, I’ll send you the deal package. 

Hi fellow investors,

I am working on a 17 unit acquisition in Farmington, MN. The property is under contract is is scheduled to close at the end of May. I had the property inspected yesterday and waiting for the report. 

I am looking for partners (equity or debt). 

Please reach out for more info and deal package.

Brian, this is great information. I am underwriting this property and doing different scenarios for the next 10 years. The property has very high expenses (supplies, utilities, etc.). As a general rule if I hire a property management company, would I have to pay the management company fee, the manager's and caretaker's salary and repair costs? Or does the property management fee includes the salaries? I understand that the I have to cover the repair costs. Can you please share your ideas?

Thank you again.

Congratulations Todd, this is fantastic!