The numbers seem promising on paper, but I’m hoping to gather insights from locals or experienced investors who know the area well before moving forward.One thing that has caught my attention is the rental landscape.

It will look good on paper but one tenant who destroys the place will wipe out a year of rent.

On paper, it sounds like a good deal, but I worry that you are doing this all on a spreadsheet and not in real life.

You can find higher ROI (on paper) here and probably in other cities…but the probability of actually collecting rent significantly decreases.

So I would give all of the their walking papers, bring your unit up to market or slightly below, and get it rented to a good tenant.

In Lehman's terms, the forecast/financial projections most syndicators wrote up in 2020, 2021, and even 2022 are not worth the paper they are written on.The good syndicators will be looking for these distressed syndicators and help leverage their capital to increase the ROI for the investors.  

Real estate isn’t just numbers on paper; it’s about people and their preferences, which can be hyper-local.Your insights reinforce the importance of disciplined investing and doing the homework to understand your specific market nuances.

Hello Allen,Last year, we conducted a study with a few clients and produced a white paper.

That magical piece of paper we all call a lease, is really mostly a one way street.

They don't have time to sit around wondering whether to keep those old boxes of used toilet paper rolls.