What kind of returns are you currently seeing in your market for multifamily and industrial value add and development deals?
What are your current underwriting assumptions and thresholds?
Assume a project cost in th...
I've been looking closely at the Think Multifamily group with Mark Kenney, and though I fully see the value there (I think Mark is a great guy), $35,000 for a buy-in (plus a $10,000 yearly fee) is a lot to swallow.
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Hello BP,I have reviewed many potential apartment deals marketed by different sponsors. While all of them were unique, most of them had one thing in common: they were underwritten for 10% economic vacancy (or less!) s...
So what ever happened to “the pursuit of happiness?”In 1776, Thomas Jefferson wrote, when crafting the Declaration of Independence, "We hold these truths to be self-evident, that all men are created equal, that they a...
I am thinking about building a 6 unit building. Each unit is 3br/2ba and would rent for 850.00. This is a little below market to be conservitive. I can build the project for an all in cost of $385k. This would be a ca...
Hello all, Im looking to take the path of being a real estate investor, but my current job requires me to be overseas. So I would like some advice, or some knowledge as in what I can do while im overseas to get the ba...
I'm looking to see what positives and negatives you can see in this project. (From the lawyer: This is NOT a solicitation for funds. We are set up as a 506(b) corporation)I purchased a FSBO in a up and coming neighbor...
Hello All - I'm looking to invest in the Florida market but I'm having a hard time choosing the specific city. Does anyone have any suggestions?
(ruled out Miami already) Thank you
Hello BP community!I have noticed that listings on the MLS in my area are going super quick. A lot of times they are under contract by the following day. Therefore, I know it is important to be able to act fast. What ...
Income growth is an important factor in determining rent growth. The two exhibit a fairly strong long-term relationship, shown by the graph below.
But if rents are growing faster than incomes (blue dots in below), th...