10 Steps, Tricks, & Lessons Learned Closing on 192 units
Thursday, November 30
10 Steps, tricks, and lessons learned closing on 192 units:Yesterday my partner and I closed on another large multifamily asset located in San Antonio, TX. I have blogged on BP before about the lessons learned from every deal I have closed. I am very excited to add another deal to the portfolio. ...
Top Questions to Ask Before Hiring a Property Manager
Tuesday, December 06
Hiring a property manager can be one of the most important decisions you make as a real estate investor, especially if you’re international or out of state. So, there are certain questions that you should be asking each prospective manager and comparing the results between applicants. In my opini...
Multifamily Analysis: Example Deal - When You Should Walk!
Saturday, July 30
Here is a deal that came across my desk a few weeks back. I am posting this deal to illustrate the level of BS brokers feed you to try and sell a deal. The Net Operating Income is so important; getting that right will determine how much you should pay for a property. Example: LIVE DEALI am going ...
Benefits of Using Your Self Directed Retirement Funds to Buy U.S. RE
Wednesday, July 27
Benefits of Using your Self Directed Retirement Funds to Buy U.S. Real Estate: I have a few international friends (mainly Aussies) asking me about using their Self Directed Retirement Funds (SDRF) to buy US real estate, due to the fact the US has better cashflowing assets compared to Australia (...
3 Tips to Build Credibility with Brokers & Investors as a Newbie
Tuesday, July 12
Top 3 Tips to be Taken More Seriously as a Newbie Multifamily Syndicator:The question I constantly get asked is "how do I become more credible with investors and brokers?". These three steps will bring you massive amounts of credibility, and they are super simple to execute! 1. Create a Pitch D...
Multifamily Analysis: Checklist of Items You Need From the Seller
Sunday, July 03
There are several things you need to consider when approaching a multifamily deal, but before you begin you need to do your research on the local market. This means that you should know: Average rental prices,Price per door of the comps in the area of other multi family deals (size, age, neighbou...