All Forum Posts by: Stefani Gillenwater

Would you be willing to send some additional information to my husband at [email protected]

Tom,

Thank you for your welcome and good luck on your search.  If you would like to ever compare search results or discuss our market we would definitely like to link up.  

Patti,

Wow incredible insight thank you so much.  My husband and I are looking forward to making it to some of the meet ups and look forward to meeting you.

My husband and I are trying to learn more about our local market with respect to small and medium multifamily properties.  Would anyone be able to shed some light on the following questions:

1. What is local market CAP rate for C class small Multifamily assets (5-10 units approximately) ?

2.  Does our market have a standard vacancy rate or does it vary drastically sub-market to sub-market?

3.  Does our market have the ability to sustain a transition from owner paid utilities to tenant paid utilities (again this might be sub-market to sub-market as well)?

4.  How do 1bed/1bath apartments fair vs. 2/1? (Citydata.com shows that 1 beds are just slightly behind 2 beds)

5.  Is there a good metric to estimate commercial insurance costs? 

We appreciate any insight or feedback you can offer.

Thank you, Patti! We appreciate the guidance and will look into the groups.

View report

*This link comes directly from our calculators, based on information input by the member who posted.

View report

*This link comes directly from our calculators, based on information input by the member who posted.

Scott,

Thank you and we concur.  BP is phenomenal with respect to valuable info and people.

Great! Thank you for that!

My husband and I are relatively new to Real Estate Investing and are seeking to grow a portfolio of cash flowing properties in order to achieve financial freedom and ultimately support our desire to serve as missionaries. We just closed on a SFR in Wisconsin but have been eager to enter our local market through multifamily assets. We would love to connect with anyone with local market experience and develop a mutually beneficial friendship. We look forward to continuing our journey to serving a bigger purpose!!!