Investment Info:

Large multi-family (5+ units) commercial investment investment.

Cash invested: $2,100,000

Closed on a 137 unit apartment community in Sept 2016 that had been owned by a couple for the la...

Then again, they will be compensated outside of me for a lot of that work, acquisitions and disposition fees, development fees, etc.What do you think?

This would allow me to get my marketing and acquisition systems in place and make some money doing it.

From acquisition it might be more effective for you to utilize a hard money lender when purchasing a distressed property.

If you are re-titling the property rather than assigning the P&S, you may have to pay real estate transfer tax twice.Each step can create taxable events, so you'll want to run your acquisition plans by both an attorney and a CPA.

In growing markets like Portland, Austin, Nashville, Asheville etc.The promote structure is9% pref80/20 to 13%70/30 to 18%65/35 therafter1% asset management fee, 3% development fee, .5% asset disposition and acqusition fees.Of course the asset management fee, acquisition and disposition fees would have a relatively normal discount rate.But what would you discount the promote at.

Insurance doesn’t protect you from any part of the sale or acquisition of a property (e.x.

@Chris Erato congrats on the acquisition.

Since I still work a full time job I bank all cash flow and reinvest it with new acquisitions.  

For you guys on the acquisition side, you'll likely be looking at a 75%LTV product....so if you have the value of the property, calculate your down payment at 25%, add up your closing costs, then factor in holding and renovation costs.With $45k, you would be looking to purchase a property below $160k...then allocate costs for closing, loan fees, holding, utilities, taxes, insurance, and renovation...