All Forum Posts by: Venkata Yerubandi

@Shannon Robnett Even i was realizing the same. so i started sending some connect requests asking for mentorship oppurtunities

@Justin Goodin @Raymond Temprano thanks for the suggestions 

Folks

I just started looking at multi family homes. Since this is my first time , i documented my assumptions here at 

https://morgulvale.blogspot.co... for a new multi family i got from a reia group. 

i would love to hear from pros out here , whether any improvements(i am assuming a lot) can be done to the analysis .

Also wondering where can i get the following information 

1. what cap rates to expect

2. absorption rates

3. supply / demand rates 

i know there would be no value add we can do if we get a new one , so is it even worth in looking to purchase a new mfh. 

-thanks

-venkat 

I am also looking at the same equation. As per my research the more older the home , the more you might have to fix a big ticket item like a/c , heater etc. this would eat into your positive cash flow. It gets worse and worse as it is 10+ years old. So i think it is better to buy a newer home in Georgetown etc . 

Looking forward to what other more seasoned investors think about this.