Michael Willis
Value Add Cell Tower/Advertising Signage
I am looking into purchasing a 5 cap multi unit/mix use property. The real play is to find a high quality tenant for the store-front. The other ideas I have is to (1) get cell towers for the building as its taller tha...
Keith Goodwine
Junkyard property in metro area
I got a unique lead today for a junkyard property in a metro area. I am a wholesaler, and the seller responded to a postcard mailer I sent out. The seller insists the value of the property is in the zoning, as the m...
Jordan M.
Thoughts on this deal?
Hey everyone! Just wanted to gauge some thoughts on a deal I have in my state. 46 units 24-2 bedroom 22- 1 bedroom 2buildings, each have a shared laundry roomPP-$1.8 millRehab- $1-1.2 mill (confirming numbers this wee...
Bob S.
why SFH and multifamily? why not condos?
i've had a really difficult time grasping why condos are a bad option for buy-and-hold investments. that's the feeling i've been getting from the forums - and even the Rental Calculator; it doesn't have an option for ...
Jordan Vires
What is a good Gross Rent Multiplier?
What GRM range should one stay in when buy multi families and mobile home parks?
Thanks
Jordan
Brian Plajer
Cap Rate Conundrum
Hello, I have listened to hundreds of podcasts, read several books and attended a workshop regarding the process of apartment building investing/syndication. I still struggle, when underwriting, what to use as a val...
Raymond C.
Thoughts on buy & hold in Sacramento?
Hi everyone,
I've got about 100K to invest in a downpayment and am looking for long term buy and hold opportunities in Northern California. The Bay Area is expensive, and although you might have a better cha...
Jack B.
How to calculate NEW/Future value of apartment building?
I understand the NOI/Cap rate formula for valuing how much a property is worth paying for, but how does this formula work for calculating the future or NEW value of a property after 5 years of rent increases?Since the...
Kim Hopkins
Mathematical Connection Between Debt Terms & Cash on Cash Return
After over a decade of doing this, I still don't understand how the debt terms directly affect the Cash on Cash return of a deal. For simplicity, define CAP Rate (:= NOI/Purchase Price) and COC (:= Cash Flow/Total Cas...
Account Closed
First Apartment deal
I submitted an offer today on a commercial deal. This not the first commercial deal I have looked at, but this deal looks like it will go through.
I've done my preliminary due diligence and reviewed the numbers. ...