All Forum Posts by: Erik Hatch

Sippy I use census.gov and use free reports from irr.com

Where are the jobs and population growth?

Have you really looked at how you can add value by upgrades and forced appreciation?

I like the idea your family has. Get a few people together and buy 100 unit building. It’s called syndication and $250k is a nice way of going in.

Can you contact multiple brokers?

I would think the value would be what you have invested. Interest payments I think would be income yet you still hold the value of your investment in the syndication. Your net worth would increase after exit when you equity is returned. You may be able to inflate the number based on projected IRR, but an accountant could answer better than I.

No need to reinvent the wheel. The calculations are not that difficult and not so many of them. @Alina Trigub is right

I liked the dummies books. Seriously they are good then The Best Ever Apartment Syndication book by Joe Fairless and Theo Hicks is good too

Why don’t you partner with Chris Salerno at QC Capital?

Can’t you do this without a bank considering you have 10 people? Otherwise it looks like a very complicated ordeal.