All Forum Posts by: Frank Bonzai

How is anyone even buying in that area with cap rates being so low? And who is buying there?  

It seems that the only people who are buying in ATX are people from cali and NY overpaying for property in ATX

Hi all,

Whats your experience with direct mail campaigns for larger multifamily?  I am a agent/investor thinking about starting a  direct mail campaign but not sure if its worth spending $5k over a 6month period.  

Does it work?  

Is it worth the investment?

What are the first jobs that should be outsourced when building a Commercial Real Estate business?  I am planning on using a service like Upwork or Fiverr

bump

Right now i dont know, what i dont know...  I'm looking to purchase a 50+ unit apartment deal.

I dont know how to read PL statement/ T12. I know what most of these terms mean as individuals, but when i look at it as a whole, I dont really know what i am looking at.

What should i do?

@Greg Dickerson what am i checking ? what they're charging for rent?

This guy has a really cruddy T12 and Rent Roll that he provided me with. its a 108 unit building with different unit sizes.

How do i estimate what the gross potential rent is as a quick estimate?

How do you keep track of all the leads that you analyze along with all the info?

From PDFs, to Google sheets, to excel etc.  is there a place where i can store all this?

bump

I need to get more organized. When someone sends you T12 and Rent Roll, do you download the PDFs and put them all into a folder?

Do you use a CRM?

Pen and paper?