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6 July 2019 | 3 replies
Its just a few words and agent involved deals are super common so no one is wary.Paperwork is all digital now, easy to complete and keep organized.
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5 July 2019 | 1 reply
Continuation from Part 1 of this series: https://www.biggerpockets.com/forums/44/topics/723267-apartment-financial-underwriting-part-1-of-a-2-part-seriesApartment Financial Underwriting - Part 2 of a 2 Part SeriesInvestment Yield RatiosIn Part 1 of this series, we covered the basic organization and structure of an apartment proforma, income and expense summary, and a construction cash flow schedule.In this 2nd part, we'll cover investment yield ratios that we utilize as a professional development company, to analyze the return characteristics to determine if a project is worthwhile in our initial underwriting, as well as, provide final financial return reporting on completed projects.In the development business, these are the major financial ratios used to measure investment yields on equity investment by professional developers, institutional level and mid-size equity investors:Internal Rate of ReturnEquity MultipleROI or Cash on CashInternal Rate of ReturnFirst, the textbook definition:Internal rate of return (IRR) is the interest rate at which the net present value of all the cash flows (both positive and negative) from a project or investment equal zero.Internal rate of return is used to evaluate the attractiveness of a project or investment.
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13 July 2019 | 16 replies
Ron, if you have ever dealt with Credco over the years, you would understand they are a massive organization with numerous programs in place.
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6 July 2019 | 1 reply
Lenders that are more organized such as those that are Reg.
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8 July 2019 | 4 replies
filling up parks organically can be a long slog ( absorption rate) with you buying the units and moving them in goes faster then hopefully sell them in place.. and just collect ground lease.
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18 July 2019 | 26 replies
It has grown (through lots of work) and made me money as well.
20 July 2019 | 5 replies
You can also attend the Dutch investor Meetup events, for which in one of them @Geert Schuring is organizing them.
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15 July 2019 | 16 replies
Also I would consider joining Rarebird when you get settled its a great meetup once a month well organized with guest speakers ( plug I am July's guest speaker LOL) Walk score is HUGE here and the way properties are zoned take that into consideration.. for instance I have 3 homes being built now for spec right off of Freemont and Williams there is a New seasons there and huge hospital..
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25 September 2019 | 1 reply
I wish I had done it sooner, and I've found my desire and confidence to do the next one has grown exponentially.
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10 July 2019 | 24 replies
I am based in San Francisco and we have grown our portfolio in this market for many of the same reasons I am sure you are looking at.