3 Simple Steps to Evaluate Any Multifamily Investment in 5 Minutes
3 Simple Steps to Evaluate Any Multifamily Investment in 5 Minutes
Are you interested in investing in multifamily properties? Do you want to be able to evaluate potential deals quickly and efficiently? Discover 3 simple steps to evaluating any multifamily investment. With this method, you will be equipped with the knowledge you need to make informed decisions about pursuing any multifamily deal. Learn more…
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If I build the triplex from scratch, do I use 35% expenses like you mentioned, even though it’s brand new
I need to learn this
Great video. Simple explanation. It's probably important for everyone to look at their individual market and cater their numbers toward that. I'm interested to see what a deal would need to look like using a 3.5% down fha loan and what would make such a deal a "go". Thanks for the video
Hmm…I wonder if I would be considered a mentor? I show people a turnkey multifamily investment opportunity and give them all the information they need to make the most informed decision possible. However, I only work with the one opportunity. Would that count do you think?
Should we have a maintenance reserve?
i love this channel CLEAR VALUE GR8 JOB !!!
amazing video, everything is correct except for the mortgage payment of $5406, with those numbers its actually $5,064. Can anybody double check this?
Do you have a course for building multifamily?
I feel smarter already!
That was absolutely amazing. Thank you for the clear explanations.
How did you get the loan monthly payment? Not adding up to your number
Can you include everything under operating costs?
Also how to estimate hoa fees?
Where do you put the cash down?
How do you break down the 750k at 6.5% to get the monthly payments?
Great great information Peter. Thank you! Do you offer template run numbers?
Love your videos. Is it fair to assume the 35% rule for Opex does not include Property mgmt cost and reserves for repair and capital expenditures? With Prop Mgmt (i.e.10%) and these reserves, would you agree that the baseline would then be closer to 60%?
As soon as I saw that the asking price was $1 million and you were collecting $1,000 per unit on a 12 unit building I knew this was going to be a 'go'. This feel like a property in a C class area. I'm sure there's a easy to make spreadsheet that helps do this even quicker, and that spreadsheet could be used to help turn a no-go deal into a go by making changes to what you are willing to pay. Every deal's a potentially good deal at a certain price point.
Strange that an owner looking to sell his property would not make all this information readily available.
When you talk about expenses – you mean HOA, Property Tax and fixing cost all included in that 35%?
Why do you use a 25-year amortization period?
Do you typically just ask your RE agent for the cap rate in an area? ….or is this info available to non-agents?
This is awesome! I'm analyzing my first multiunit for purchase and this is very helpful. New sub here