All Forum Posts by: Alex Rodriguez-Parra

Have a question about cap rate on this very useful spreadsheet.  

I know it's rent/value (and the explanation on the sheet defines it as "Net Operating income / Sales Price", so I have it as: 

=(I53/K16)

Is that right? 

I am a real estate broker and attorney NY and manage my own rental properties.  I am very familiar with my local market and also interested in continuing to invest here, but it is not a great time to find discounted properties here.  

If you are identifying opportunities these days, and want a like-minded investor and partner to invest with you in your local market, please pm me.

Thanks! Alex

thank you!

Andrey, there are standard form purchase agreements vetted by the NYS bar association that are commonly used.  If you cant find them let me know, I can point you in the right direction.  Alex

Lets talk @daniel c!  You and I are like-monded investors

Hi Linval, thanks for the comprehensive direction and encouragement - I am just starting to explore the site now.  Best regards!

Thanks for reaching out Michael!

Hi Corey, thanks for your message.  A bunch of my rentals here in New York were geared towards university and med students when we first got started.  Let me know what you're thinking, I'm willing to listen to anything.  

 Thanks James!  Looking forward to it

Thanks Dawn!  So good to hear from you! 

It sounds like you are very familiar with your local market and Mehran spoke very highly of you.  I would love to hear more about what you do.