However, if you are considering a value-add/redevelopment/development deal, the cap rate becomes less meaningful in any real world analysis, especially for acquisition pricing.On stabilized assets, cap rate is a fairly viable metric, as there is no forced appreciation, and therefore your cap rate is unleveraged yield.

I will take your advice to heart and prioritize saving diligently while simultaneously forging meaningful connections and assembling a team of trusted individuals who can provide invaluable guidance along the way.

Perfect for BRRRR.Now Milwaukee is dealing with a chronic housing shortage, extremely low inventory and with that even very dated houses will not get a meaningful discount.

Higher rents can help to offset the cost, but the math simply does not work without meaningful appreciation.

This way they extract about 120 a month per yard .

I'm here to learn, share ideas, and build meaningful relationships within our real estate community.If you're a seasoned investor or someone who's also just starting out, I'd love to hear from you.

He didn't care, he was just trying to extract the greatest value out of the property that he could.

The tools are good to extract data from OM/rent roll documents and build model, but they seems to have limited capabilities analyze other aspects of under writing such as population growth/job growth/ rent comparisons etc., If you are looking for simple analysis they seem to be doing good job.

And it saved us a LOT of money, which was pretty meaningful at the time. 

i can extract any asset class right now from a dataset of 629k parcel records... duplex, apartments, 4plex, vacant commercial, mobile home, etc... and do almost anything i want with that data, like export it to a Google Earth KMZ file (parcel boundaries) with all attributes listed in the description, and hyperlinks to the county tax lookup, etc. a great way to qualify parcels for development potential, and more.