I would tell the seller that you don't participate in auctions only transactions.

@Daniel DietzYardi is what the "institutional investors" would use to do analysis with IRR, NPV, sensitivity analysis etc.

I would check out the Urban Land Institute online courses.

Hi ShawnJermaine here, that is an expensive screen, we pay between $50.00-$75.00 for a sliding screen, if it is just the screen portion that is damage you can buy a roll from Lowes and the institution kit then do it your self.

Institutional and accredited investors are usually thought of as being savvy enough to make investment decisions.

David,While I respect your opinion not to invest in securities, I have to strongly disagree with your view on securities.Sure maybe I don't have hundreds of millions of dollars at the end of the day like an institutional investor does to invest and sure I probably am a flea on a dogs tail compared to the big boys and their venture capital but that does not matter one bit to me.

In multi family Acquisition, the price for door is not that important factor.Basically institutions or experienced investors are looking for Cap rate based on type of class of property , underwriting based on actual numbers [ not proforma numbers].

I'm used to managing my own properties and being within driving distance.Anyhow, I look forward to participating and thanks for all your contributions!

so i had a detailed respose type out until my page refreshed and i lost it all....anyway to answer your first question the capital comes from institutional sources such as pension funds, private equity funds, hedge funds (sometimes), life insurance companies, and other developers.to get access to this capital you typically work with a financial intermediary such as Northmarq Capital, HFF, Eastdil, ect.

I work at a local financial institution and was informed I would need to type up a letter stating what my business will be about and how it works and have it submitted to our HR dept.