
13 May 2024 | 25 replies
Not only can you perform all the transfer functions, you’re not capped on transfer amounts.

16 May 2024 | 158 replies
I have read that acquiring bank loans in some ways actually gets easier as the bank cares about the NOI, CAP rate etc as the basis for the loan and not the individual behind the company seeking the loan.

10 May 2024 | 116 replies
One has a CAP rate of 5% and the other has a cap rate of 10%, I am going to, 100% of the time, without a doubt buy the one that has the higher CAP rate.

10 May 2024 | 21 replies
Cap ex is not easy to absorb and the "excel pro-forma" rarely materializes as reality.

10 May 2024 | 10 replies
What do you plan to do when you hit the cap on days rented?

10 May 2024 | 7 replies
I have a deal I am currently looking at in Chesapeake Virginia, and I would love your thoughts on this:12 units 1bed/1bath apartment built in 1912 (renovated in 2018). 9536 SF, the asking price is $995,000 at 8.07% cap rate with a NOI of $80,106.

10 May 2024 | 7 replies
Here are the key points:Reasons to participate in the capital call:It may allow the property time to stabilize and potentially sell within 24 months at a better price, avoiding a significant loss of LP-invested equity if forced to sell now in an inopportune market1.The additional capital can cover costs like rate caps and allow renovations to resume, which could help increase revenue and better position the property1.The operating agreement likely outlines the terms of the capital call that LPs agreed to2.Reasons to be cautious about participating:Capital calls can indicate the investment is not as sound as originally thought and is potentially at risk2.There is uncertainty around whether the additional capital will be enough to turn things around, especially if interest rates remain high and the market stays challenging for longer than expected4.LPs need to carefully consider if they would invest in the deal now based on the current facts, rather than just trying to avoid a loss on their initial investment4.Other important points:LPs should review the operating agreement, seek professional advice from their attorney, and ask the general partners detailed questions about the capital call2.If an LP is unable to contribute to a mandatory capital call, they may be considered in default and only entitled to the return of their remaining capital account balance, with no further distributions5.In summary, whether an LP should participate in a capital call depends on their individual assessment of the risks versus potential upside after carefully reviewing the deal specifics and getting advice from professionals.

10 May 2024 | 1 reply
They will turn a profit year 1 and with a few small cap ex itrems and both leases being up they will roll into 2025 with a nice monthly net.

10 May 2024 | 1 reply
The last thing you want is big gain in year 1 and big cap loss in year 2.REMEMBER: Property is very rigid when in Corporations!