All Forum Posts by: Egemen Toprak

Ft Lauderdale is an amazing place to live but i think a bit expensive now to invest. I ve been looking multifamily in the area and most of the things around 5% cap

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Fort Lauderdale, Florida

Great job

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Is this webinar recorded ? Too bad i missed it

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Hello fellow LA investors,

I am in search of new cities where there is a future for appreciation and green light for investment. Many cities who grow fast already have insane bidding wars and low returns so i decided to post a thread and ask you. Recently i ve been doing a research and found out that $43 billion in capital investment projects under construction in SW Louisiana and $74 billion in projects announced or pending for final approval.

What do you guys think of the future of the real estate market in Lake Charles ?

Do you guys expect huge jobs growth ?

Mega project like Sasol is under construction do you guys slowly feeling the momentum with the real estate ?

Thank you

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Hello experienced JAX investors, i am currently looking at a multifamily apartment in Avondale. What would be the optimal cap rate for current market in that area ? I live in South Florida and from the research i made it is a nice stable area. Would be great to know what do you guys think for that area to invest ?

Thank you

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Jacksonville, Florida

Originally posted by @Josh Lipoff:

How would you want to go about this in Florida?

Hey Josh were you able to figure out for Florida ? Thx

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Originally posted by @Account Closed:

Fort Lauderdale is a great area right now. Good fundamentals and prices are not so high that cap rates are compressed

I live in Aventura and checked Fort Lauderdale, couldnt find anything above 5-6% cap. Do you find sth better than that ?

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Originally posted by @Account Closed:

I would also say this, since your starting out I would apply the 50% rule until you have one or more under your belt.

Once you have the first one or two your belt, then you can start to reevaluate your numbers.

I am just now in the process of purchasing my first 6 plex, and the great thing is in a few months I can start to really understand for the future what goes into owning a property like this. Which will only help me when I start to purchase the bigger complex's.

Its all experience, but until then, do not let anyone tell you the numbers they want you to have. Hope this helps!

Hey Amir, i am curious if its okay to share how is gross rent/expense ratio going ?

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All Forum Posts by: Egemen Toprak

Egemen Toprak has started 3 posts and replied 11 times.

Post: Sales History of Property $100

Post: Pre Foreclosure - Zillow

Post: Single Family in Ft. Lauderdale as investment?

Post: Completed my first Flip in Canton ga.

Post: Webinar: How to Buy Small MultiFamily Properties

Post: Southwest LA Investing

Post: Out of State Investor Looking to a Realtor in Jacksonville

Post: Delinquent Property Tax Lists

Post: Where would you invest for multifamily in South Florida?

Post: 25% expenses on Multi Family