Wayne Chou
My 1st Multifamily - Thoughts and guidance to help gut-check my buy matrix
4 October 2024 | 4 replies
With all of the underlying assumptions being equal, the current rent roll provided the following matrix.
Michael Chalke
Raising rent on a section 8 tenant in Passaic County, NJ
7 October 2024 | 19 replies
@Bob StevensI was making an assumption that rent was not up to FMR For example in my county if you forget to ask for your yearly raises the dispersion becomes massive and eventually FMR changes can be drastic YoY for a new packet versus keeping an existing relationship.
Dana Jordan
Screening Potential Tenants Without A SS Number
4 October 2024 | 9 replies
That's an assumption.
Aaron Kohanbash
Real estate market analysis
5 October 2024 | 7 replies
@Aaron Kohanbash start with this;)Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
William Silva
First Time Investment Property Buyer
7 October 2024 | 16 replies
@William SilvaRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
John Prorok
No responses from syndicator
4 October 2024 | 17 replies
I did re-create the provided pro formas and did some stress testing of their assumptions.
Sinuway Martinez
New to the game but ready to play
4 October 2024 | 11 replies
@Sinuway MartinezRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
Kevin Siedlecki
Looking to rebuild a portfolio with turnkey
4 October 2024 | 4 replies
Regarding investing remotely:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
Alfredo Cardenas
Reps Status (via wife) & Material Participation to offset W-2
7 October 2024 | 20 replies
Your assumptions sound correct.
Sanil Subhash Chandra Bose
How to do out of state multifamily investment?
3 October 2024 | 9 replies
@Sanil Subhash Chandra BoseRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?