All Forum Posts by: Ram Srinivasan

So are you looking to purchase an ~80 unit complex/building that is ~60% occupied?  You're definitely not going to find any Class A buildings like that.  You'll be lucky to find a Class C building like that and in my area they're typically priced like they've got 90% occupancy because "the potential is there".  Even drug havens in bad parts of town that I would never consider investing in typically have 75%+ occupancy.

Like I said before - it's good that you've got a goal laid out but from your post it doesn't seem that you have any sort of plan to get there.  Are you buying 50 SFRs over the span of 10 years or an 80 unit building next week?

All of the questions you're asking have different answers depending on whether you're buying SFRs, small multis or large multis.  Once you have an idea of what you want to invest in then the questions will be easier to answer and it will be easier for you to formulate a plan.

The suggestion @Joel Owens made in the podcast is geared towards complexes with a larger number of units which requires a lot more capital, time and effort to get from 60% to 85-90% occupancy.  I know a local company that does this and they're dumping money into these 200+ unit complexes for 2-3 years before seeing any type of positive cashflow.

Hey Everyone I will be bringing my daughter tomorrow. Last minute change and her mom has to leave town. Hopefully everyone is ok with this.

@Willemina Stikker-Breemhaar

@Jett Rao

@Chris Nordsveen

@JD Boyce

@Agus Irawan

@Emin Ozkan