24 October 2018 | 6 replies
I use an excel spreadsheet which can be found by googling: Michael Blank's analyzer.No matter what, you should get very comfortable with the Cap Rate, NOI, Purchase Price formula.Cap Rate = Annual NOI / Total Purchase PriceAnnual NOI = (Income - Operating Expenses) * 12Once you have a handle on that, then I would move on to learning how to get those numbers which go into the formula:Here's a good summary of valuing a multifamily property: https://www.biggerpockets.com/renewsblog/2013/04/0...Here is a lengthy and super detailed blogpost on the same topic.
24 March 2019 | 68 replies
That is a super interesting perspective and had not really though about the Real Estate market with higher liquidity around new construction and lower liquidity as you get further away.
11 March 2019 | 27 replies
Get yourself a couple good opening lines and then just get super interested in whatever they have to say about it. what do you do for work?
10 March 2019 | 27 replies
I also have had the luxury of making and revising my lease template over the years, transforming It into a SUPER LEASE!
28 August 2022 | 11 replies
If you come at this with an honest passion, you can do super well.
5 December 2022 | 25 replies
The extra $63.54 per month is not super exciting, but when you take this out to three full cycle deals, your capital has grown to $547,504.10 with the 1031 exchange strategy compared to $417,328.10 without the 1031 exchange.
14 December 2022 | 10 replies
I’m not a super big fan of this, but it is no different than condos.
23 January 2023 | 2 replies
Events like Final 4, Super Bowl, etc.
15 June 2024 | 10 replies
All super helpful to hear!
17 June 2024 | 2 replies
Very good lighting inside&out (on a timer), plus motion activated lights as much as possible/appropriate (they make super bright LARGE led ones, even solar now so don't need to be hard wired).