All Forum Posts by: Nicholas Lohr

Quick questions about DTI. My LLC, which is a separate business from anything real estate related, consistently makes about $3,500 a week in profit, but as the sole member and owner of my LLC I am on the payroll at $1,200 a week. The rest just goes into the business bank account. Will a conventional lender use the 3k or the 1.2k to factor my DTI? If it is the 1.2k any suggestions on how to get them to use the 3k instead?

Wondering what the appropriate questions are to ask before making an offer on a Multifamily? I assume you'd obviously want the gross scheduled income, vacancy, gross operating income, total expenses and NOI but beyond that what should be asked before the offer and what should be saved for the due diligence phase?

Rent rolls? Building Tax return? Independent Appraisal? etc...

Hey there! I've been doing the same thing.

I found this to be very helpful showing the cap rates for different investment classes, markets, and major cities.

http://www.cbre.us/o/fortlauderdale/AssetLibrary/CapRate_H22014_Master%5B1%5D.pdf

I also look at these 2 sites...

http://www.areavibes.com/kansas+city-mo/neighborho...

http://www.bestplaces.net/city/missouri/kansas_cit...

thanks Gordon!

Wondering if anyone has any recommendations for books for learning about real estate investing trends at the macro level?  Things like figuring out where markets are in their cycles, what to look for in a specific market to qualify the whole market as being an attractive investment area, and what to look for as warning signs a market may be in decline.  It seems like most books focus on the specifics of the properties themselves. 

Also any recommendations for Real Estate magazines or publications that speak to this would be helpful as well.

Thanks! 

@Account Closed Thanks for the response Bob. Your assertion that California cannot be beat for profit may be true in the appreciation arena, but for Cap Rates and Cash on Cash return the overall trend in CA is much lower than other states and cities, especially in the midwest.

Using leverage. If I bought the property outright I would be asking about Cap Rate.  I'm pretty sure Cash on Cash implies using debt. Cash return on cash invested.

I'm looking for an online resource that has data on average cash on cash returns for multi family investments in a given area.  I live in California and I know that this state has MUCH lower returns than say the Midwest but what are some online resources that will actually show that data?