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All Forum Posts by: Teddy Mohlman

Teddy Mohlman has started 1 posts and replied 2 times.

Post: Dialing in Expenses per unit for MULTIFAMILY- Denver / Co springs

Teddy MohlmanPosted
  • Real Estate Broker
  • Denver Colorado
  • Posts 2
  • Votes 2

Hey BP- I am currently circling back to my local market (Denver/Co Springs) Given the 1031 money has slowed down. What is the best way to get really dialed in on expenses per door. I know it varies (10 unit vs 100 unit for example)

1) Does anyone have a good breakdown of expenses per unit in Denver/Co Springs market they can share for MULTIFAMILY?

2) What is the best way to start asking around/ analyzing to getting those "rules of thumb" numbers dialed into your local market without having any MF in the area.

Thank you in advance!!

Post: 250K appreciation in 5 years with $400+/month CF. Time to exit?

Teddy MohlmanPosted
  • Real Estate Broker
  • Denver Colorado
  • Posts 2
  • Votes 2

I Personally would do a Cash out refinance and purchase another property! Look into out of state investing if you are buying in a high market, that is what I am doing right now and getting 11.5% Cash on cash return vs 3% in Denver CO