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All Forum Posts by: Justin Emmert

Justin Emmert has started 1 posts and replied 2 times.

Memphis Real Estate Forum

Post: Memphis Apartment Syndication

Justin EmmertPosted
  • Posts 2
  • Votes 4

@Richard Sherman I took the taxes from the 2017 year and added 10% for the calculations, are the additional taxes newer than that?  @Jackson Long  It is a value add the comps have rents about 100$ more than the current, I also contacted a property manager who verified the rent bump (he actually project +150).  @James Wachob I'll sned you a PM about it

2 Votes
Memphis, Tennessee
Memphis Real Estate Forum

Post: Memphis Apartment Syndication

Justin EmmertPosted
  • Posts 2
  • Votes 4

Hey Guys,

I am planning on breaking into the apartment world with my first syndication! I am a wholesaler / flipper in CT, but I have no interest in the rental market up there. I am about to send a LOI on a property I am pretty nervous going through the process for the first time. I assume this is just part of the process. Are there any other apartment guys on here?

2 Votes
Memphis, Tennessee