All Forum Posts by: Sean Brennan

Brandon Turner was it hard to find a deal when you were looking for a building of that size? I am appraising a 48 unit apartment building in a nice suburb of Boston and cap rates are so low at 5.5%

I have seen commercial used to describe retail, office, industrial, and multifamily properties; but, in some contexts, it is strictly office and retail (industrial is industrial, multi-family is residential, and office and retail is commercial use... it depends :)

I think once you start getting too big ($10,000,000+) there are too many institutional cash buyers that push yields way down.

Haven't invested yet... hope to someday!

A wide range opinions and plenty to think about. Thanks guys!

Yea, strictly speaking my question was how much cash would you need to survive if you were dropped in a brand new market and if you only could invest in real estate to create income.

I highly recommend you consider a Boston venue :)

@Huggy Baird but if you need to make $35k and can generate 27% return you would need $130k cash (rounded)

I see what you are saying but I think you shouldn't subtract the opportunity cost because the question is how much cash would you need to survive... You don't have the cash or the job ahead of time.

Huggy Baird why did you subtract 15%?

Mike M Nice conservative approach

Huggy Baird Very interesting... I can see you are some kind of financial wizard :)

Glenn Espinosa Great response! Thanks.