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All Forum Posts by: Michael Schuda

Michael Schuda has started 2 posts and replied 3 times.

Chicago Real Estate Forum

Post: Investor friendly Realtor

Michael SchudaPosted
  • Investor
  • La Grange, IL
  • Posts 4
  • Votes 0

Hello everyone! I am in need of an investor friendly Realtor in the La Grange, IL area. I am currently looking to add a 3-4 unit building to my portfolio. If you have any referrals for agents please contact me with their information.

Thanks in advance! 

0 Votes
Chicago, Illinois
Multi-Family and Apartment Investing

Post: Multi-Family Appraisal Sham?

Michael SchudaPosted
  • Investor
  • La Grange, IL
  • Posts 4
  • Votes 0

@Dennis - I'm sure you have figured this out by now but, if your NOI goes down (say due to taxes) so does the property value given the same cap rate.

Example

1.8 Million at 5% cap rate = 90k NOI

1.7 Million at 5% cap rate = 85k NOI

Hope that helps!

0 Votes
New Member Introductions

Post: Investor from Chicago area

Michael SchudaPosted
  • Investor
  • La Grange, IL
  • Posts 4
  • Votes 0

Hello All,

I have been investing in Real Estate the past 3 years with two SFH that are buy and holds. I want to learn as much as possible about buying multi-unit properties with no and low money down, similar to Brandon Turner, as well as expanding my business into flipping that is financed with hard money, hopefully 100% of the deal so I don't have any upfront out of pocket cost.

0 Votes