All Forum Posts by: Adam Taylor

@Steven S. Hoping to achieve 8.5% - 9.5% once stabilized. I am looking into Maryland submarkets so like Frederick, Annapolis, North of Baltimore, etc. 

Hi Everyone,

I am looking to start investing in SFH to 4 plexes. As I am building out my pro forma, I keep running into this headache as to whether I need to incorporate sensitivity tables. I pulled a pro forma from Rob Beardsley (Founder of Lone Star Capital). Obviously, I have no intention to start investing in large apartment complexes (Anything larger than 50 units) or incorporate LPs, but curious to hear everyone's opinion on sensitivity tables along with using equity multiple figures. I feel like I only need to incorporate DSCRs, NPV, IRR and of course growth rates (both expense and rent).

Appreciate the insight, Greg! I borrowed an underwriting model from a Real Estate Private Equity professional and it seems a little too complicated for what I am doing now and what I plan to do in the future. Happy to trade underwriting models if you are interested or if you have a genuine interest in taking a look for me and letting me know your thoughts. 

I have noticed a lot of institutional shops and real estate private equity firms will factor in SOFR rates into their analysis. Do you all think it's necessary to do so when investing in multi-family properties from 1-50 units? If so, can you elaborate on how you use them as I am unfamiliar with how to incorporate them? I understand they serve as a benchmark when calculating the discount rate but I see people try to predict them on a 10-year basis which seems incredibly difficult for first-time investors and ultimately, we never know what they will be. 

- Adam

Hi all,

I am a beginner investor located in NY. Looking at residential properties to either buy and flip or use them as long-term rentals. Was curious to know, what websites you all use to analyze real estate market trends and themes within specific submarkets. I've heard Redfin and Zillow are great places to get quantitative data but if anyone else has sources the recommend, please share!