What exactly is all this "Other Income"?
Tuesday, May 28
Last week, we took a look at the vacancy factor when underwriting a multifamily investment. However, we only viewed that from the standpoint of the revenue that can be achieved through the traditional rental rates at the property. While rent is the vast majority of the revenue you can expect to a...
Should you always trust a 5% vacancy?
Monday, May 20
Last week we started the CYA Series at the top of the P&L - potential rents versus market rents. This week we’ll continue down the statement with the vacancy factor._____________________Unlike rents, the vacancy assumption is usually a nonissue. More times than not, you’ll see a proforma assu...
What is "Market Rent" and why are you paying for it?
Monday, May 13
Last week we discussed how Buyer Representation is being cut out and you, the investor, are being forced to verify Offering Memorandum numbers to support inflated valuations and ask prices. Starting this week, Pursuit CRE will be going top-down on a financial statement to review the numbers and e...
Buyer Reps Are Being Cut Out and You May Be Getting Screwed
Tuesday, May 07
You're Gonna Feel Very Lonely on this Investment JourneyI was recently talking to a potential client and he mentioned that he had brought up using a Buyer Representative to a listing agent and was specifically told that showing up with a buyer rep could limit his ability to make offe...